NewEdge Wealth LLC Purchases 38,249 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK

NewEdge Wealth LLC grew its position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 1,250.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,308 shares of the company’s stock after acquiring an additional 38,249 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $4,002,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Mine & Arao Wealth Creation & Management LLC. increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 1.8% during the 4th quarter. Mine & Arao Wealth Creation & Management LLC. now owns 6,179 shares of the company’s stock valued at $599,000 after purchasing an additional 109 shares in the last quarter. Capital Investment Advisors LLC increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 2.1% during the 3rd quarter. Capital Investment Advisors LLC now owns 5,311 shares of the company’s stock valued at $509,000 after purchasing an additional 111 shares in the last quarter. Alliancebernstein L.P. increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 0.5% during the 3rd quarter. Alliancebernstein L.P. now owns 23,436 shares of the company’s stock valued at $2,247,000 after purchasing an additional 112 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 1.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 7,583 shares of the company’s stock valued at $727,000 after purchasing an additional 141 shares in the last quarter. Finally, Legacy Bridge LLC increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 7.5% during the 4th quarter. Legacy Bridge LLC now owns 2,047 shares of the company’s stock valued at $198,000 after purchasing an additional 143 shares in the last quarter. Institutional investors own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Price Performance

IJK stock opened at $112.90 on Tuesday. The business has a fifty day moving average price of $105.08 and a 200 day moving average price of $101.43. iShares S&P Mid-Cap 400 Growth ETF has a fifty-two week low of $86.20 and a fifty-two week high of $114.71. The stock has a market capitalization of $10.97 billion, a price-to-earnings ratio of 22.45 and a beta of 1.06.

iShares S&P Mid-Cap 400 Growth ETF Profile

iShares S&P Mid-Cap 400 Growth ETF, formerly iShares S&P MidCap 400 Growth Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P MidCap 400 Growth Index (the Index). The Index measures the performance of the mid-capitalization growth sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest growth characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.