Strategic Investment Advisors MI Invests $20.92 Million in iShares S&P Mid-Cap 400 Growth ETF $IJK

Strategic Investment Advisors MI bought a new position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 218,195 shares of the company’s stock, valued at approximately $20,923,000. iShares S&P Mid-Cap 400 Growth ETF accounts for about 1.6% of Strategic Investment Advisors MI’s holdings, making the stock its 15th biggest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IJK. Laurel Wealth Advisors LLC boosted its position in iShares S&P Mid-Cap 400 Growth ETF by 8,758.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,007,335 shares of the company’s stock valued at $91,647,000 after buying an additional 995,963 shares during the period. Bank of America Corp DE increased its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.6% in the second quarter. Bank of America Corp DE now owns 3,797,381 shares of the company’s stock valued at $345,486,000 after acquiring an additional 130,606 shares during the period. UBS Group AG increased its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.9% in the third 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. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 5.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,215,536 shares of the company’s stock valued at $110,590,000 after acquiring an additional 65,914 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.7% during the third 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 last quarter. 67.99% of the stock is currently owned by institutional investors.

iShares S&P Mid-Cap 400 Growth ETF Trading Down 0.7%

iShares S&P Mid-Cap 400 Growth ETF stock opened at $101.03 on Thursday. The firm has a market cap of $9.41 billion, a P/E ratio of 22.45 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a 1-year low of $71.69 and a 1-year high of $108.21. The firm has a 50-day moving average of $103.44 and a 200-day moving average of $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.