Hsbc Holdings PLC Purchases New Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

Hsbc Holdings PLC acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 102,183 shares of the company’s stock, valued at approximately $9,899,000. Hsbc Holdings PLC owned approximately 0.11% of iShares S&P Mid-Cap 400 Growth ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. lifted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 261,702 shares of the company’s stock worth $25,354,000 after purchasing an additional 9,778 shares during the period. Nalls Sherbakoff Group LLC bought a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at about $186,000. Corient Private Wealth LLC increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 14.5% during the fourth quarter. Corient Private Wealth LLC now owns 61,549 shares of the company’s stock valued at $5,973,000 after acquiring an additional 7,792 shares in the last quarter. Compass Financial Group Inc. Ohio acquired a new position in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth $698,000. Finally, SHP Wealth Management bought a new position in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at about $35,000. Institutional investors and hedge funds own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 0.7%

IJK stock opened at $113.03 on Thursday. iShares S&P Mid-Cap 400 Growth ETF has a twelve month low of $90.36 and a twelve month high of $117.60. The stock’s 50 day moving average is $113.29 and its 200-day moving average is $106.66. The firm has a market capitalization of $10.92 billion, a PE ratio of 22.45 and a beta of 1.05.

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.