D.A. Davidson & CO. Makes New $140.73 Million Investment in iShares S&P Mid-Cap 400 Growth ETF $IJK

D.A. Davidson & CO. acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,283,941 shares of the company’s stock, valued at approximately $140,733,000. iShares S&P Mid-Cap 400 Growth ETF makes up approximately 0.8% of D.A. Davidson & CO.’s holdings, making the stock its 26th largest position.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. BOKF NA acquired a new position in iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth about $48,992,000. LaFleur & Godfrey LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the third quarter valued at about $251,000. Laurel Wealth Advisors LLC increased its position in iShares S&P Mid-Cap 400 Growth ETF by 1.0% during the 3rd quarter. Laurel Wealth Advisors LLC now owns 11,019 shares of the company’s stock valued at $1,208,000 after purchasing an additional 110 shares during the period. Sigma Investment Counselors Inc. bought a new position in iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth $505,000. Finally, William Mack & Associates Inc. acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at about $85,000. Institutional investors own 67.99% of the company’s stock.

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

iShares S&P Mid-Cap 400 Growth ETF stock opened at $109.06 on Thursday. The stock has a market capitalization of $10.46 billion, a price-to-earnings ratio of 22.45 and a beta of 1.06. The stock’s 50 day moving average price is $111.21 and its two-hundred day moving average price is $109.46. 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.