Joel Isaacson & Co. LLC Buys New Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

Joel Isaacson & Co. LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 502,145 shares of the company’s stock, valued at approximately $55,040,000. iShares S&P Mid-Cap 400 Growth ETF makes up about 1.6% of Joel Isaacson & Co. LLC’s holdings, making the stock its 14th biggest position.

A number of other institutional investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 5.3% in the second quarter. Envestnet Asset Management Inc. now owns 2,065,287 shares of the company’s stock valued at $242,671,000 after buying an additional 103,836 shares during the period. D.A. Davidson & CO. bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth $140,733,000. USA Financial Formulas acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the first quarter worth $104,845,000. Bank of New York Mellon Corp raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 15.6% during the first quarter. Bank of New York Mellon Corp now owns 949,569 shares of the company’s stock worth $95,546,000 after acquiring an additional 128,011 shares during the period. Finally, Keybank National Association OH acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth $61,840,000. Institutional investors own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 1.0%

IJK opened at $110.37 on Thursday. The stock has a market capitalization of $10.60 billion, a P/E ratio of 22.45 and a beta of 1.06. iShares S&P Mid-Cap 400 Growth ETF has a 12 month low of $91.30 and a 12 month high of $119.39. The firm’s fifty day simple moving average is $110.01 and its 200 day simple moving average is $109.75.

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.