Founders Grove Wealth Partners LLC Makes New $2.69 Million Investment in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Founders Grove Wealth Partners LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 29,608 shares of the company’s stock, valued at approximately $2,692,000.

A number of other institutional investors have also recently added to or reduced their stakes in IJK. Capital Performance Advisors LLP bought a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter worth approximately $26,000. RPg Family Wealth Advisory LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter worth approximately $28,000. Ashton Thomas Securities LLC lifted its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 1,229.2% in the 3rd quarter. Ashton Thomas Securities LLC now owns 319 shares of the company’s stock worth $29,000 after purchasing an additional 295 shares during the period. Kimelman & Baird LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 2nd quarter worth approximately $31,000. Finally, Syntrinsic LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter worth approximately $38,000.

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

Shares of NYSEARCA IJK opened at $92.36 on Wednesday. The company has a market capitalization of $9.92 billion, a P/E ratio of 18.52 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a 52-week low of $76.89 and a 52-week high of $100.01. The company’s 50 day moving average price is $94.79 and its 200-day moving average price is $91.81.

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.