Concurrent Investment Advisors LLC Increases Stake in iShares S&P Mid-Cap 400 Growth ETF $IJK

Concurrent Investment Advisors LLC boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 546.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 170,893 shares of the company’s stock after buying an additional 144,441 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $20,080,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Litman Gregory Wealth Management LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth $25,000. Nemes Rush Group LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter valued at $28,000. Angeles Wealth Management LLC purchased a new position in iShares S&P Mid-Cap 400 Growth ETF in the first quarter valued at $30,000. Sankala Group LLC purchased a new position in iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter valued at $32,000. Finally, National Bank of Canada FI purchased a new position in iShares S&P Mid-Cap 400 Growth ETF in the third quarter valued at $29,000. Hedge funds and other institutional investors own 67.99% of the company’s stock.

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

IJK opened at $113.38 on Friday. The business has a fifty day moving average price of $114.63 and a 200 day moving average price of $110.42. iShares S&P Mid-Cap 400 Growth ETF has a 12 month low of $91.30 and a 12 month high of $119.39. The stock has a market capitalization of $10.84 billion, a price-to-earnings ratio of 22.45 and a beta of 1.05.

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.