Brightwater Advisory LLC Buys New Position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Brightwater Advisory LLC bought a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 50,052 shares of the company’s stock, valued at approximately $4,410,000. iShares S&P Mid-Cap 400 Growth ETF comprises about 3.1% of Brightwater Advisory LLC’s holdings, making the stock its 13th biggest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of IJK. Midland Wealth Advisors LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth approximately $64,107,000. Pinkerton Retirement Specialists LLC raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 7,941.2% during the 2nd quarter. Pinkerton Retirement Specialists LLC now owns 390,079 shares of the company’s stock worth $34,370,000 after purchasing an additional 385,228 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 13.1% during the 1st quarter. Captrust Financial Advisors now owns 2,516,685 shares of the company’s stock worth $229,648,000 after purchasing an additional 291,305 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 266.6% during the 1st quarter. Cetera Investment Advisers now owns 363,889 shares of the company’s stock worth $33,205,000 after purchasing an additional 264,626 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 22.4% during the 2nd quarter. LPL Financial LLC now owns 1,440,722 shares of the company’s stock worth $126,942,000 after purchasing an additional 263,700 shares in the last quarter.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 0.7 %

Shares of iShares S&P Mid-Cap 400 Growth ETF stock opened at $91.26 on Wednesday. iShares S&P Mid-Cap 400 Growth ETF has a 12-month low of $67.63 and a 12-month high of $93.56. The stock has a market cap of $9.81 billion, a P/E ratio of 18.52 and a beta of 1.08. The business’s 50 day moving average is $89.47 and its 200-day moving average is $89.00.

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.