LPL Financial LLC Purchases 102,431 Shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

LPL Financial LLC boosted its position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 8.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,361,626 shares of the company’s stock after acquiring an additional 102,431 shares during the quarter. LPL Financial LLC owned 1.27% of iShares S&P Mid-Cap 400 Growth ETF worth $123,813,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IJK. Raymond James Financial Inc. acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth $163,774,000. Main Management ETF Advisors LLC grew its position in iShares S&P Mid-Cap 400 Growth ETF by 2.5% in the third quarter. Main Management ETF Advisors LLC now owns 3,025,840 shares of the company’s stock valued at $278,165,000 after acquiring an additional 74,120 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 10.4% in the fourth quarter. Bank of New York Mellon Corp now owns 778,570 shares of the company’s stock worth $70,795,000 after acquiring an additional 73,548 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 31.0% in the 4th quarter. Jones Financial Companies Lllp now owns 272,844 shares of the company’s stock valued at $24,810,000 after purchasing an additional 64,502 shares in the last quarter. Finally, InvesTrust bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at approximately $5,805,000.

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

Shares of NYSEARCA:IJK opened at $86.66 on Tuesday. iShares S&P Mid-Cap 400 Growth ETF has a one year low of $81.14 and a one year high of $100.01. The company has a market cap of $8.79 billion, a price-to-earnings ratio of 20.75 and a beta of 1.12. The firm has a 50 day simple moving average of $90.55 and a 200 day simple moving average of $92.26.

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.