10,644 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK Acquired by Meridian Investment Counsel Inc.

Meridian Investment Counsel Inc. bought a new position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the third quarter, Holdings Channel.com reports. The firm bought 10,644 shares of the company’s stock, valued at approximately $1,167,000.

Other hedge funds also recently made changes to their positions in the company. First Citizens Bank & Trust Co. acquired a new position in iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter worth approximately $1,197,000. Ifrah Financial Services Inc. acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the third quarter valued at approximately $14,365,000. Maltin Wealth Management Inc. boosted its position in iShares S&P Mid-Cap 400 Growth ETF by 16.8% in the third quarter. Maltin Wealth Management Inc. now owns 46,016 shares of the company’s stock valued at $5,044,000 after buying an additional 6,631 shares in the last quarter. Mechanics Bank Trust Department acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the third quarter valued at approximately $7,283,000. Finally, Forvis Mazars Wealth Advisors LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth $307,000. 67.99% of the stock is currently owned by institutional investors and hedge funds.

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

NYSEARCA IJK opened at $108.88 on Thursday. The firm’s fifty day moving average price is $112.94 and its two-hundred day moving average price is $111.94. The stock has a market cap of $10.39 billion, a PE ratio of 22.45 and a beta of 1.06. iShares S&P Mid-Cap 400 Growth ETF has a fifty-two week low of $91.30 and a fifty-two week 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.