Keenan LLC Invests $2.42 Million in iShares S&P Mid-Cap 400 Growth ETF $IJK

Keenan LLC purchased a new position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 4th quarter, HoldingsChannel reports. The firm purchased 25,017 shares of the company’s stock, valued at approximately $2,424,000. iShares S&P Mid-Cap 400 Growth ETF accounts for about 2.1% of Keenan LLC’s portfolio, making the stock its 13th largest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IJK. Morgan Stanley grew its stake in iShares S&P Mid-Cap 400 Growth ETF by 0.8% during the 4th quarter. Morgan Stanley now owns 7,220,033 shares of the company’s stock worth $699,477,000 after buying an additional 53,813 shares during the last quarter. Bank of America Corp DE lifted its stake in 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 buying an additional 130,606 shares during the last quarter. UBS Group AG lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 1.4% in the fourth quarter. UBS Group AG now owns 2,179,822 shares of the company’s stock valued at $211,181,000 after buying an additional 30,546 shares during the last quarter. D.A. Davidson & CO. lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 3.8% in the fourth quarter. D.A. Davidson & CO. now owns 1,192,808 shares of the company’s stock valued at $115,559,000 after buying an additional 43,442 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 0.6% during the third quarter. Northern Trust Corp now owns 1,103,347 shares of the company’s stock valued at $105,800,000 after acquiring an additional 6,296 shares during the period. Institutional investors and hedge funds own 67.99% of the company’s stock.

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

iShares S&P Mid-Cap 400 Growth ETF stock opened at $115.66 on Friday. The company has a 50-day simple moving average of $111.44 and a 200-day simple moving average of $104.97. The firm has a market capitalization of $11.24 billion, a P/E ratio of 22.45 and a beta of 1.05. iShares S&P Mid-Cap 400 Growth ETF has a one year low of $87.34 and a one year high of $116.92.

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.