Bangor Savings Bank Buys 11,168 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK

Bangor Savings Bank bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,168 shares of the company’s stock, valued at approximately $1,224,000.

Several other institutional investors also recently bought and sold shares of IJK. Nemes Rush Group LLC bought a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at $28,000. Angeles Wealth Management LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the first quarter valued at about $30,000. Sankala Group LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter valued at about $32,000. SHP Wealth Management bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth about $35,000. Finally, Keenan LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth about $37,000. 67.99% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 0.6%

Shares of NYSEARCA:IJK traded up $0.64 during mid-day trading on Tuesday, reaching $113.06. The stock had a trading volume of 462,442 shares, compared to its average volume of 360,343. The business’s 50 day moving average price is $113.21 and its 200 day moving average price is $111.43. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $91.30 and a 1 year high of $119.39. The company has a market cap of $10.61 billion, a P/E ratio of 22.45 and a beta of 1.06.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.