PFG Advisors Invests $2.14 Million in iShares S&P Mid-Cap 400 Growth ETF $IJK

PFG Advisors bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 22,331 shares of the company’s stock, valued at approximately $2,141,000.

Several other institutional investors have also bought and sold shares of the stock. First Horizon Corp purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter worth approximately $1,251,000. Alpha Cubed Investments LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the second quarter valued at approximately $278,000. Daner Wealth Management LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the second quarter valued at approximately $607,000. Tiemann Investment Advisors LLC lifted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 2.8% during the second quarter. Tiemann Investment Advisors LLC now owns 19,908 shares of the company’s stock worth $1,811,000 after acquiring an additional 535 shares during the period. Finally, Whitaker Myers Wealth Managers LTD. boosted its position in iShares S&P Mid-Cap 400 Growth ETF by 52.6% in the third quarter. Whitaker Myers Wealth Managers LTD. now owns 23,927 shares of the company’s stock worth $2,294,000 after purchasing an additional 8,245 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

IJK opened at $103.01 on Wednesday. iShares S&P Mid-Cap 400 Growth ETF has a fifty-two week low of $71.69 and a fifty-two week high of $108.21. The firm has a 50-day moving average of $103.19 and a 200 day moving average of $98.67. The firm has a market cap of $9.59 billion, a P/E ratio of 22.45 and a beta of 1.08.

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.