Meridian Wealth Management LLC Invests $1.28 Million in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Meridian Wealth Management LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 13,884 shares of the company’s stock, valued at approximately $1,276,000.

A number of other institutional investors have also added to or reduced their stakes in IJK. Balboa Wealth Partners raised its position 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 increased its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.1% in the second quarter. Country Club Bank now owns 12,963 shares of the company’s stock valued at $1,143,000 after buying an additional 146 shares during the period. Macroview Investment Management LLC raised its holdings in iShares S&P Mid-Cap 400 Growth ETF by 8.3% in the 3rd quarter. Macroview Investment Management LLC now owns 1,910 shares of the company’s stock valued at $176,000 after buying an additional 146 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its position in iShares S&P Mid-Cap 400 Growth ETF by 3.6% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 5,147 shares of the company’s stock worth $473,000 after buying an additional 180 shares during the period. Finally, Fifth Third Wealth Advisors LLC grew its holdings in iShares S&P Mid-Cap 400 Growth ETF by 0.6% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 31,231 shares of the company’s stock worth $2,871,000 after acquiring an additional 188 shares during the last quarter.

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

IJK stock opened at $97.93 on Friday. The company has a market capitalization of $10.52 billion, a P/E ratio of 18.52 and a beta of 1.08. The company has a fifty day moving average price of $92.91 and a 200-day moving average price of $90.33. iShares S&P Mid-Cap 400 Growth ETF has a 52-week low of $73.17 and a 52-week high of $97.93.

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.