Independent Advisor Alliance Invests $1.14 Million in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Independent Advisor Alliance purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the fourth quarter, HoldingsChannel reports. The firm purchased 12,567 shares of the company’s stock, valued at approximately $1,143,000.

Several other institutional investors have also recently bought and sold shares of the stock. Thomasville National Bank increased its stake in shares of 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 valued at $322,000 after buying an additional 113 shares during the period. Carnegie Investment Counsel boosted its holdings in 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 valued at $376,000 after acquiring an additional 141 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in iShares S&P Mid-Cap 400 Growth ETF by 10.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,615 shares of the company’s stock worth $147,000 after purchasing an additional 157 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in iShares S&P Mid-Cap 400 Growth ETF by 0.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 41,443 shares of the company’s stock worth $3,810,000 after purchasing an additional 165 shares during the last quarter. Finally, Fifth Third Securities Inc. lifted its position in iShares S&P Mid-Cap 400 Growth ETF by 0.6% during the 4th quarter. Fifth Third Securities Inc. now owns 28,778 shares of the company’s stock valued at $2,617,000 after purchasing an additional 171 shares during the period.

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

Shares of NYSEARCA:IJK opened at $83.76 on Friday. The stock has a market cap of $8.54 billion, a price-to-earnings ratio of 20.22 and a beta of 1.12. The company has a 50 day moving average of $91.36 and a 200-day moving average of $92.44. iShares S&P Mid-Cap 400 Growth ETF has a one year low of $81.14 and a one year high of $100.01.

iShares S&P Mid-Cap 400 Growth ETF Company 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.