Teachers Insurance & Annuity Association of America Makes New $1.17 Million Investment in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Teachers Insurance & Annuity Association of America purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 12,740 shares of the company’s stock, valued at approximately $1,171,000. iShares S&P Mid-Cap 400 Growth ETF accounts for about 1.8% of Teachers Insurance & Annuity Association of America’s investment portfolio, making the stock its 13th largest holding.

Other large investors have also recently made changes to their positions in the company. Sterling Financial Planning Inc. lifted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 0.6% in the second quarter. Sterling Financial Planning Inc. now owns 159,757 shares of the company’s stock worth $14,076,000 after buying an additional 1,022 shares in the last quarter. Griffin Asset Management Inc. grew its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.3% during the 3rd quarter. Griffin Asset Management Inc. now owns 9,089 shares of the company’s stock valued at $836,000 after purchasing an additional 207 shares in the last quarter. Brookstone Capital Management increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 392.6% in the second quarter. Brookstone Capital Management now owns 13,562 shares of the company’s stock worth $1,240,000 after purchasing an additional 10,809 shares during the period. Rothschild Investment LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the second quarter worth $44,000. Finally, Capital Performance Advisors LLP purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth $26,000.

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

iShares S&P Mid-Cap 400 Growth ETF stock traded down $0.37 during midday trading on Thursday, hitting $98.57. 143,024 shares of the company’s stock were exchanged, compared to its average volume of 363,091. The stock has a 50-day moving average price of $93.42 and a two-hundred day moving average price of $90.53. iShares S&P Mid-Cap 400 Growth ETF has a 52-week low of $73.17 and a 52-week high of $100.01. The company has a market cap of $10.59 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.