Congress Asset Management Co. Buys 61,178 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK

Congress Asset Management Co. increased its stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 1,608.7% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 64,981 shares of the company’s stock after purchasing an additional 61,178 shares during the period. Congress Asset Management Co.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $6,295,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Ashton Thomas Securities LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the third quarter valued at about $28,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the second quarter worth about $29,000. National Bank of Canada FI bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the third quarter valued at approximately $29,000. Rossmore Private Capital bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the third quarter valued at approximately $35,000. Finally, Qube Research & Technologies Ltd grew its stake in iShares S&P Mid-Cap 400 Growth ETF by 123.6% during the second quarter. Qube Research & Technologies Ltd now owns 398 shares of the company’s stock valued at $36,000 after acquiring an additional 220 shares in the last quarter. Institutional investors own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 1.0%

iShares S&P Mid-Cap 400 Growth ETF stock opened at $102.59 on Thursday. iShares S&P Mid-Cap 400 Growth ETF has a 1-year low of $71.69 and a 1-year high of $108.21. The firm has a market capitalization of $9.55 billion, a PE ratio of 22.45 and a beta of 1.08. The firm’s 50 day simple moving average is $103.39 and its 200 day simple moving average is $99.09.

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.