White Pine Investment CO Makes New $11.17 Million Investment in iShares S&P Mid-Cap 400 Growth ETF $IJK

White Pine Investment CO purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the third quarter, HoldingsChannel reports. The fund purchased 101,888 shares of the company’s stock, valued at approximately $11,168,000. iShares S&P Mid-Cap 400 Growth ETF comprises 2.2% of White Pine Investment CO’s portfolio, making the stock its 16th biggest holding.

Other large investors have also added to or reduced their stakes in the company. Valeo Financial Advisors LLC grew its stake in iShares S&P Mid-Cap 400 Growth ETF by 1.4% during the 3rd quarter. Valeo Financial Advisors LLC now owns 7,700 shares of the company’s stock valued at $844,000 after purchasing an additional 106 shares during the last quarter. Noble Wealth Management PBC raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.8% in the third quarter. Noble Wealth Management PBC now owns 2,737 shares of the company’s stock worth $300,000 after purchasing an additional 126 shares during the last quarter. Pacific Sun Financial Corp raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.9% in the first quarter. Pacific Sun Financial Corp now owns 6,892 shares of the company’s stock worth $693,000 after purchasing an additional 130 shares during the last quarter. First Horizon Corp lifted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.1% during the first quarter. First Horizon Corp now owns 12,964 shares of the company’s stock worth $1,304,000 after purchasing an additional 143 shares during the period. Finally, Integrated Investment Consultants LLC lifted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.9% during the first quarter. Integrated Investment Consultants LLC now owns 3,961 shares of the company’s stock worth $399,000 after purchasing an additional 149 shares during the period. Hedge funds and other institutional investors own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Stock Up 0.9%

Shares of NYSEARCA IJK opened at $109.84 on Friday. The business’s 50 day moving average price is $112.84 and its 200 day moving average price is $112.02. The firm has a market cap of $10.48 billion, a P/E ratio of 22.45 and a beta of 1.06. iShares S&P Mid-Cap 400 Growth ETF has a 52 week low of $91.30 and a 52 week high of $119.39.

iShares S&P Mid-Cap 400 Growth ETF Company 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.