MidAtlantic Capital Management Inc. Purchases Shares of 4,973 iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

MidAtlantic Capital Management Inc. purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 4,973 shares of the company’s stock, valued at approximately $457,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Balboa Wealth Partners boosted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 1.0% in the third quarter. Balboa Wealth Partners now owns 13,924 shares of the company’s stock valued at $1,280,000 after purchasing an additional 137 shares during the last quarter. Country Club Bank boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.1% during the 2nd quarter. Country Club Bank now owns 12,963 shares of the company’s stock worth $1,143,000 after acquiring an additional 146 shares in the last quarter. Macroview Investment Management LLC boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 8.3% during the 3rd quarter. Macroview Investment Management LLC now owns 1,910 shares of the company’s stock worth $176,000 after acquiring an additional 146 shares in the last quarter. Mattern Wealth Management LLC boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.6% during the 1st quarter. Mattern Wealth Management LLC now owns 5,988 shares of the company’s stock worth $546,000 after acquiring an additional 153 shares in the last quarter. Finally, Blair William & Co. IL boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 0.6% during the 1st quarter. Blair William & Co. IL now owns 31,081 shares of the company’s stock worth $2,836,000 after acquiring an additional 176 shares in the last quarter.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 1.5 %

IJK stock opened at $93.56 on Monday. The company’s 50-day simple moving average is $92.15 and its 200-day simple moving average is $90.10. iShares S&P Mid-Cap 400 Growth ETF has a 52-week low of $72.40 and a 52-week high of $97.75. The firm has a market cap of $10.05 billion, a P/E ratio of 18.52 and a beta of 1.08.

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.