Bangor Savings Bank Buys New Shares in iShares S&P Mid-Cap 400 Growth ETF $IJK

Bangor Savings Bank bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 11,168 shares of the company’s stock, valued at approximately $1,224,000.

Several other large investors have also added to or reduced their stakes in IJK. Congress Asset Management Co. bought a new position in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter worth $479,000. Legacy Private Trust Co. bought a new stake in iShares S&P Mid-Cap 400 Growth ETF during the third quarter valued at about $698,000. Tompkins Financial Corp bought a new stake in iShares S&P Mid-Cap 400 Growth ETF during the third quarter valued at about $274,000. Ferguson Wellman Capital Management Inc. bought a new stake in iShares S&P Mid-Cap 400 Growth ETF during the third quarter valued at about $320,000. Finally, Eastern Bank purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the third quarter valued at about $162,000. Hedge funds and other institutional investors own 67.99% of the company’s stock.

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

Shares of iShares S&P Mid-Cap 400 Growth ETF stock traded up $0.64 during trading hours on Tuesday, hitting $113.06. The company’s stock had a trading volume of 462,442 shares, compared to its average volume of 360,343. The company has a market cap of $10.61 billion, a PE ratio of 22.45 and a beta of 1.06. The business has a 50 day moving average price of $113.21 and a two-hundred day moving average price of $111.43. 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.