108,701 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK Bought by First Merchants Corp

First Merchants Corp bought 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 and Exchange Commission (SEC). The institutional investor bought 108,701 shares of the company’s stock, valued at approximately $11,915,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IJK. USA Financial Formulas acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 1st quarter worth about $104,845,000. Modern Wealth Management LLC raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 19,935.1% in the 1st quarter. Modern Wealth Management LLC now owns 491,460 shares of the company’s stock valued at $50,001,000 after acquiring an additional 489,007 shares during the period. Kozak & Associates Inc. boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 1,525.7% during the 2nd quarter. Kozak & Associates Inc. now owns 230,502 shares of the company’s stock worth $26,754,000 after acquiring an additional 216,323 shares during the last quarter. Fifth Third Bancorp boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 105.2% during the 1st quarter. Fifth Third Bancorp now owns 295,026 shares of the company’s stock worth $29,685,000 after acquiring an additional 151,240 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 546.0% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 170,893 shares of the company’s stock worth $20,080,000 after acquiring an additional 144,441 shares during the last quarter. Institutional investors own 67.99% of the company’s stock.

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

Shares of NYSEARCA IJK opened at $109.84 on Friday. The stock has a market cap of $10.48 billion, a P/E ratio of 22.45 and a beta of 1.06. The firm has a 50 day moving average price of $112.84 and a 200 day moving average price of $112.02. iShares S&P Mid-Cap 400 Growth ETF has a 52-week low of $91.30 and a 52-week high of $119.39.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.