Royal Fund Management LLC Increases Stake in iShares S&P Mid-Cap 400 Growth ETF $IJK

Royal Fund Management LLC grew its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 118.6% during the 4th quarter, HoldingsChannel reports. The firm owned 13,134 shares of the company’s stock after buying an additional 7,127 shares during the period. Royal Fund Management LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $1,275,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of IJK. First Horizon Corp purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth about $1,251,000. Daner Wealth Management LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 2nd quarter valued at about $607,000. Whitaker Myers Wealth Managers LTD. grew its stake in iShares S&P Mid-Cap 400 Growth ETF by 52.6% during the 3rd quarter. Whitaker Myers Wealth Managers LTD. now owns 23,927 shares of the company’s stock valued at $2,294,000 after acquiring an additional 8,245 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in iShares S&P Mid-Cap 400 Growth ETF by 1.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 878,873 shares of the company’s stock valued at $84,275,000 after acquiring an additional 16,657 shares during the last quarter. Finally, Genesis Private Wealth LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at about $1,514,000. Hedge funds and other institutional investors own 67.99% of the company’s stock.

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

IJK opened at $100.62 on Wednesday. The firm has a market capitalization of $9.37 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08. The company’s 50 day simple moving average is $103.07 and its two-hundred day simple moving average is $99.18. iShares S&P Mid-Cap 400 Growth ETF has a 1-year low of $71.69 and a 1-year high of $108.21.

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.