JPMorgan Chase & Co. Acquires 16,657 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK

JPMorgan Chase & Co. boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 1.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 878,873 shares of the company’s stock after acquiring an additional 16,657 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $84,275,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Bank of America Corp DE boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.6% during the 2nd quarter. Bank of America Corp DE now owns 3,797,381 shares of the company’s stock worth $345,486,000 after acquiring an additional 130,606 shares during the period. UBS Group AG raised its stake in iShares S&P Mid-Cap 400 Growth ETF by 4.9% in the 3rd quarter. UBS Group AG now owns 2,149,276 shares of the company’s stock valued at $206,094,000 after acquiring an additional 101,025 shares during the period. Envestnet Asset Management Inc. raised its stake in iShares S&P Mid-Cap 400 Growth ETF by 3.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,823,064 shares of the company’s stock valued at $174,814,000 after acquiring an additional 65,515 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 5.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,215,536 shares of the company’s stock valued at $110,590,000 after purchasing an additional 65,914 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its position in iShares S&P Mid-Cap 400 Growth ETF by 4.7% during the third quarter. D.A. Davidson & CO. now owns 1,149,366 shares of the company’s stock worth $110,213,000 after purchasing an additional 52,051 shares during the period. 67.99% of the stock is owned by institutional investors and hedge funds.

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

NYSEARCA:IJK opened at $101.03 on Thursday. iShares S&P Mid-Cap 400 Growth ETF has a one year low of $71.69 and a one year high of $108.21. The company has a market cap of $9.41 billion, a P/E ratio of 22.45 and a beta of 1.08. The firm’s fifty day moving average price is $103.44 and its two-hundred day moving average price is $98.90.

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.