Stonebridge Financial Group LLC Makes New Investment in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Stonebridge Financial Group LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 338 shares of the company’s stock, valued at approximately $31,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. increased its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 687,892 shares of the company’s stock valued at $63,238,000 after buying an additional 16,702 shares during the period. Capital Performance Advisors LLP acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth about $26,000. Leavell Investment Management Inc. bought a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter worth about $213,000. Citigroup Inc. lifted its position in iShares S&P Mid-Cap 400 Growth ETF by 24.0% during the 3rd quarter. Citigroup Inc. now owns 127,833 shares of the company’s stock valued at $11,752,000 after purchasing an additional 24,762 shares during the period. Finally, Creative Planning grew its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 0.8% during the 3rd quarter. Creative Planning now owns 169,515 shares of the company’s stock worth $15,583,000 after buying an additional 1,268 shares during the period.

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

Shares of NYSEARCA IJK opened at $93.26 on Friday. The company’s 50 day simple moving average is $93.65 and its 200 day simple moving average is $92.55. iShares S&P Mid-Cap 400 Growth ETF has a fifty-two week low of $82.23 and a fifty-two week high of $100.01. The firm has a market capitalization of $10.02 billion, a P/E ratio of 18.52 and a beta of 1.08.

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.