Bay Capital Advisors LLC Takes $348,000 Position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Bay Capital Advisors LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,822 shares of the company’s stock, valued at approximately $348,000.

A number of other large investors have also modified their holdings of IJK. Thomasville National Bank increased its stake in iShares S&P Mid-Cap 400 Growth ETF by 3.3% in the 4th quarter. Thomasville National Bank now owns 3,542 shares of the company’s stock worth $322,000 after purchasing an additional 113 shares in the last quarter. PFG Advisors boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 0.6% in the fourth quarter. PFG Advisors now owns 21,328 shares of the company’s stock worth $1,939,000 after buying an additional 120 shares during the period. Carnegie Investment Counsel increased its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.5% in the fourth quarter. Carnegie Investment Counsel now owns 4,137 shares of the company’s stock worth $376,000 after acquiring an additional 141 shares in the last quarter. Tidemark LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 14.3% during the fourth quarter. Tidemark LLC now owns 1,198 shares of the company’s stock valued at $109,000 after acquiring an additional 150 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 10.8% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,615 shares of the company’s stock valued at $147,000 after acquiring an additional 157 shares during the period.

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

NYSEARCA IJK opened at $86.66 on Tuesday. The firm’s 50 day moving average price is $90.55 and its two-hundred day moving average price is $92.26. The stock has a market cap of $8.79 billion, a price-to-earnings ratio of 20.75 and a beta of 1.12. iShares S&P Mid-Cap 400 Growth ETF has a twelve month low of $81.14 and a twelve month high of $100.01.

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.