Arax Advisory Partners Acquires New Shares in iShares S&P Mid-Cap 400 Growth ETF $IJK

Arax Advisory Partners purchased a new position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 190,162 shares of the company’s stock, valued at approximately $18,423,000. Arax Advisory Partners owned approximately 0.20% of iShares S&P Mid-Cap 400 Growth ETF at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of IJK. AlphaCore Capital LLC increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 44,722.6% in the fourth quarter. AlphaCore Capital LLC now owns 222,320 shares of the company’s stock worth $21,538,000 after acquiring an additional 221,824 shares in the last quarter. Strategic Investment Advisors MI bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth about $20,923,000. Bank of America Corp DE increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.6% in the second quarter. Bank of America Corp DE now owns 3,797,381 shares of the company’s stock worth $345,486,000 after acquiring an additional 130,606 shares in the last quarter. UBS Group AG increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.9% in the third quarter. UBS Group AG now owns 2,149,276 shares of the company’s stock worth $206,094,000 after acquiring an additional 101,025 shares in the last quarter. Finally, Buffalo Business & Estate Services Ltd. bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth about $7,651,000. 67.99% of the stock is currently owned by institutional investors.

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

Shares of iShares S&P Mid-Cap 400 Growth ETF stock opened at $114.94 on Friday. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $87.34 and a 1 year high of $115.83. The business has a 50-day moving average of $110.18 and a two-hundred day moving average of $104.30. The company has a market capitalization of $11.17 billion, a P/E ratio of 22.45 and a beta of 1.05.

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.