Fifth Third Bancorp Grows Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

Fifth Third Bancorp lifted its position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 105.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 295,026 shares of the company’s stock after purchasing an additional 151,240 shares during the period. Fifth Third Bancorp owned 0.30% of iShares S&P Mid-Cap 400 Growth ETF worth $29,685,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Pacific Sun Financial Corp raised its position in iShares S&P Mid-Cap 400 Growth ETF by 1.5% in the fourth quarter. Pacific Sun Financial Corp now owns 6,762 shares of the company’s stock worth $655,000 after acquiring an additional 100 shares during the period. Mine & Arao Wealth Creation & Management LLC. grew its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.8% during the 4th quarter. Mine & Arao Wealth Creation & Management LLC. now owns 6,179 shares of the company’s stock valued at $599,000 after acquiring an additional 109 shares during the period. Fisher Asset Management LLC grew its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.9% during the 4th quarter. Fisher Asset Management LLC now owns 3,887 shares of the company’s stock valued at $377,000 after acquiring an additional 111 shares during the period. Alliancebernstein L.P. increased its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 0.5% during the 3rd quarter. Alliancebernstein L.P. now owns 23,436 shares of the company’s stock worth $2,247,000 after purchasing an additional 112 shares during the last quarter. Finally, Essex Financial Services Inc. increased its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.7% during the 4th quarter. Essex Financial Services Inc. now owns 2,854 shares of the company’s stock worth $277,000 after purchasing an additional 127 shares during the last quarter. 67.99% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of IJK opened at $112.90 on Tuesday. The firm has a market cap of $10.82 billion, a PE ratio of 22.45 and a beta of 1.05. The stock’s fifty day moving average price is $113.66 and its two-hundred day moving average price is $106.98. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $90.36 and a 1 year high of $117.60.

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.