9,288 Shares in iShares S&P Mid-Cap 400 Growth ETF $IJK Bought by RKL Wealth Management LLC

RKL Wealth Management LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the 3rd quarter, Holdings Channel reports. The fund acquired 9,288 shares of the company’s stock, valued at approximately $1,018,000.

A number of other hedge funds have also made changes to their positions in the stock. Angeles Wealth Management LLC bought a new stake in iShares S&P Mid-Cap 400 Growth ETF during the first quarter worth approximately $30,000. Sankala Group LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth approximately $32,000. American National Bank & Trust acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth approximately $36,000. Steph & Co. acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth approximately $38,000. Finally, Continuum Advisory LLC bought a new position in iShares S&P Mid-Cap 400 Growth ETF during the 2nd quarter valued at $41,000. Institutional investors and hedge funds own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 1.6%

NYSEARCA IJK traded down $1.71 on Friday, reaching $108.13. 369,615 shares of the stock traded hands, compared to its average volume of 359,549. The firm’s fifty day simple moving average is $112.65 and its 200 day simple moving average is $111.99. The company has a market cap of $10.35 billion, a price-to-earnings ratio of 22.45 and a beta of 1.06. iShares S&P Mid-Cap 400 Growth ETF has a 12 month low of $91.30 and a 12 month high of $119.39.

About iShares S&P Mid-Cap 400 Growth ETF

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.