Novak & Powell Financial Services Inc. Buys 10,358 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK

Novak & Powell Financial Services Inc. lifted its position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 168.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,506 shares of the company’s stock after acquiring an additional 10,358 shares during the period. Novak & Powell Financial Services Inc.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $1,583,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. Choreo LLC raised its holdings in iShares S&P Mid-Cap 400 Growth ETF by 1.4% in the second quarter. Choreo LLC now owns 7,839 shares of the company’s stock worth $713,000 after purchasing an additional 109 shares during the period. Capital Investment Advisors LLC increased its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.1% in the 3rd quarter. Capital Investment Advisors LLC now owns 5,311 shares of the company’s stock valued at $509,000 after buying an additional 111 shares in the last quarter. Alliancebernstein L.P. raised its stake in iShares S&P Mid-Cap 400 Growth ETF by 0.5% during the 3rd quarter. Alliancebernstein L.P. now owns 23,436 shares of the company’s stock worth $2,247,000 after buying an additional 112 shares during the period. Apollon Wealth Management LLC raised its stake in iShares S&P Mid-Cap 400 Growth ETF by 0.6% during the 3rd quarter. Apollon Wealth Management LLC now owns 18,997 shares of the company’s stock worth $1,822,000 after buying an additional 119 shares during the period. Finally, Arkadios Wealth Advisors lifted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 1.9% during the third quarter. Arkadios Wealth Advisors now owns 7,583 shares of the company’s stock worth $727,000 after acquiring an additional 141 shares in the last quarter. Institutional investors and hedge funds own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 0.9%

NYSEARCA:IJK opened at $100.86 on Tuesday. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $71.69 and a 1 year high of $108.21. The stock has a 50-day moving average price of $103.43 and a two-hundred day moving average price of $98.83. The stock has a market cap of $9.39 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.