ProVise Management Group LLC Purchases New Shares in iShares S&P Mid-Cap 400 Growth ETF $IJK

ProVise Management Group LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,220 shares of the company’s stock, valued at approximately $572,000.

Other hedge funds have also modified their holdings of the company. Angeles Wealth Management LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 1st quarter worth approximately $30,000. SYM FINANCIAL Corp acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at $34,000. American National Bank & Trust acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at $36,000. Steph & Co. acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at $38,000. Finally, Atwood & Palmer Inc. purchased a new position in iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth $40,000. 67.99% of the stock is owned by hedge funds and other institutional investors.

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

iShares S&P Mid-Cap 400 Growth ETF stock traded down $0.42 during mid-day trading on Friday, hitting $108.59. 167,816 shares of the company were exchanged, compared to its average volume of 358,031. 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 company has a market capitalization of $10.41 billion, a P/E ratio of 24.22 and a beta of 1.06. The business’s 50 day simple moving average is $109.85 and its two-hundred day simple moving average is $109.81.

iShares S&P Mid-Cap 400 Growth ETF 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.