Meridian Financial LLC Boosts Stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Meridian Financial LLC raised its position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 6.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,646 shares of the company’s stock after purchasing an additional 357 shares during the quarter. Meridian Financial LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $513,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IJK. Capital Performance Advisors LLP purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at $26,000. RPg Family Wealth Advisory LLC acquired a new position in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at about $28,000. Ashton Thomas Securities LLC increased its stake in iShares S&P Mid-Cap 400 Growth ETF by 1,229.2% during the third quarter. Ashton Thomas Securities LLC now owns 319 shares of the company’s stock worth $29,000 after purchasing an additional 295 shares during the period. Kimelman & Baird LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the second quarter worth about $31,000. Finally, Syntrinsic LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the third quarter valued at approximately $38,000.

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

Shares of IJK stock opened at $94.79 on Friday. The stock has a market capitalization of $10.19 billion, a P/E ratio of 18.52 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a fifty-two week low of $77.36 and a fifty-two week high of $100.01. The company has a 50 day moving average price of $94.66 and a 200 day moving average price of $91.92.

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.