Parr Mcknight Wealth Management Group LLC Makes New Investment in iShares S&P Mid-Cap 400 Growth ETF $IJK

Parr Mcknight Wealth Management Group LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 64,569 shares of the company’s stock, valued at approximately $6,497,000.

Other hedge funds have also recently modified their holdings of the company. Litman Gregory Wealth Management LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth approximately $25,000. Nemes Rush Group LLC bought a new position in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at $28,000. National Bank of Canada FI bought a new position in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at $29,000. Sankala Group LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth $32,000. Finally, SHP Wealth Management purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth $35,000. Institutional investors own 67.99% of the company’s stock.

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

NYSEARCA:IJK opened at $114.11 on Monday. The company has a market cap of $10.94 billion, a price-to-earnings ratio of 22.45 and a beta of 1.05. iShares S&P Mid-Cap 400 Growth ETF has a twelve month low of $90.36 and a twelve month high of $117.60. The stock has a fifty day simple moving average of $113.58 and a 200-day simple moving average of $106.88.

About iShares S&P Mid-Cap 400 Growth ETF

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.