Future Fund LLC bought a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK – Free Report) during the second quarter, HoldingsChannel reports. The institutional investor bought 15,914 shares of the company’s stock, valued at approximately $1,448,000.
Other large investors also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.1% in the first quarter. Goldman Sachs Group Inc. now owns 2,093,318 shares of the company’s stock valued at $174,331,000 after buying an additional 83,352 shares in the last quarter. Raymond James Financial Inc. lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 2.7% during the 1st quarter. Raymond James Financial Inc. now owns 1,849,336 shares of the company’s stock worth $154,013,000 after acquiring an additional 48,238 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 2.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,757,549 shares of the company’s stock valued at $159,902,000 after acquiring an additional 39,821 shares during the period. LPL Financial LLC grew its position in iShares S&P Mid-Cap 400 Growth ETF by 3.2% in the 1st quarter. LPL Financial LLC now owns 1,405,306 shares of the company’s stock valued at $117,034,000 after acquiring an additional 43,680 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in iShares S&P Mid-Cap 400 Growth ETF by 4.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,149,622 shares of the company’s stock worth $95,741,000 after purchasing an additional 52,492 shares during the period. 67.99% of the stock is currently owned by institutional investors and hedge funds.
iShares S&P Mid-Cap 400 Growth ETF Stock Performance
Shares of IJK opened at $95.97 on Friday. The company’s 50-day simple moving average is $95.95 and its 200-day simple moving average is $92.31. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $71.69 and a 1 year high of $100.01. The stock has a market capitalization of $9.05 billion, a PE ratio of 22.45 and a beta of 1.08.
iShares S&P Mid-Cap 400 Growth ETF Company 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.
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