Inspirion Wealth Advisors LLC Makes New $15.54 Million Investment in iShares S&P Mid-Cap 400 Growth ETF $IJK

Inspirion Wealth Advisors LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 141,784 shares of the company’s stock, valued at approximately $15,541,000. iShares S&P Mid-Cap 400 Growth ETF comprises approximately 1.8% of Inspirion Wealth Advisors LLC’s investment portfolio, making the stock its 16th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IJK. Envestnet Asset Management Inc. boosted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 5.3% in the second quarter. Envestnet Asset Management Inc. now owns 2,065,287 shares of the company’s stock valued at $242,671,000 after purchasing an additional 103,836 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.8% in the 1st quarter. D.A. Davidson & CO. now owns 1,226,067 shares of the company’s stock valued at $123,367,000 after buying an additional 33,259 shares during the period. USA Financial Formulas purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the first quarter worth about $104,845,000. Bank of New York Mellon Corp boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 15.6% in the first quarter. Bank of New York Mellon Corp now owns 949,569 shares of the company’s stock worth $95,546,000 after buying an additional 128,011 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in iShares S&P Mid-Cap 400 Growth ETF by 3.2% during the first quarter. Royal Bank of Canada now owns 551,904 shares of the company’s stock worth $55,532,000 after acquiring an additional 17,057 shares during the period. 67.99% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Mid-Cap 400 Growth ETF Trading Down 0.1%

Shares of IJK stock opened at $110.90 on Friday. The stock has a 50 day moving average of $113.21 and a 200 day moving average of $111.67. The stock has a market cap of $10.50 billion, a P/E ratio of 22.45 and a beta of 1.06. iShares S&P Mid-Cap 400 Growth ETF has a twelve month low of $91.30 and a twelve month high of $119.39.

iShares S&P Mid-Cap 400 Growth ETF 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.