Sandy Spring Bank Acquires 56,679 Shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Sandy Spring Bank increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 50.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 168,479 shares of the company’s stock after buying an additional 56,679 shares during the period. Sandy Spring Bank owned 0.16% of iShares S&P Mid-Cap 400 Growth ETF worth $15,320,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Thomasville National Bank raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.3% during the fourth quarter. Thomasville National Bank now owns 3,542 shares of the company’s stock worth $322,000 after buying an additional 113 shares during the last quarter. PFG Advisors raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 0.6% during the fourth quarter. PFG Advisors now owns 21,328 shares of the company’s stock worth $1,939,000 after buying an additional 120 shares during the last quarter. Carnegie Investment Counsel raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.5% during the fourth quarter. Carnegie Investment Counsel now owns 4,137 shares of the company’s stock worth $376,000 after buying an additional 141 shares during the last quarter. Tidemark LLC raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 14.3% during the fourth quarter. Tidemark LLC now owns 1,198 shares of the company’s stock worth $109,000 after buying an additional 150 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 10.8% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,615 shares of the company’s stock worth $147,000 after buying an additional 157 shares during the last quarter.

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

Shares of NYSEARCA:IJK opened at $85.26 on Thursday. iShares S&P Mid-Cap 400 Growth ETF has a 52 week low of $81.14 and a 52 week high of $100.01. The company has a market capitalization of $8.70 billion, a PE ratio of 20.22 and a beta of 1.12. The company has a 50 day moving average price of $90.92 and a two-hundred day moving average price of $92.31.

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.