Bank of New York Mellon Corp Grows Stake in iShares S&P Mid-Cap 400 Growth ETF $IJK

Bank of New York Mellon Corp grew its stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 15.6% in the first quarter, Holdings Channel reports. The fund owned 949,569 shares of the company’s stock after acquiring an additional 128,011 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $95,546,000 as of its most recent filing with the Securities & Exchange Commission.

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

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

NYSEARCA:IJK opened at $111.88 on Tuesday. The company has a market capitalization of $10.71 billion, a P/E ratio of 22.45 and a beta of 1.05. The business has a fifty day simple moving average of $113.72 and a two-hundred day simple moving average of $107.48. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $90.44 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.