Benchmark Wealth Management LLC Takes Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

Benchmark Wealth Management LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,398 shares of the company’s stock, valued at approximately $218,000.

Several other institutional investors have also recently made changes to their positions in the stock. Janney Montgomery Scott LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.4% during the second quarter. Janney Montgomery Scott LLC now owns 48,621 shares of the company’s stock valued at $4,424,000 after purchasing an additional 669 shares during the period. Fifth Third Securities Inc. raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.3% during the second quarter. Fifth Third Securities Inc. now owns 28,899 shares of the company’s stock valued at $2,629,000 after purchasing an additional 372 shares during the period. Neumann Capital Management LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.0% during the second quarter. Neumann Capital Management LLC now owns 43,840 shares of the company’s stock valued at $3,989,000 after purchasing an additional 1,670 shares during the period. New Insight Wealth Advisors acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the second quarter valued at about $210,000. Finally, Sightline Wealth Advisors LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the second quarter valued at about $212,000. Institutional investors and hedge funds own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 0.2%

Shares of NYSEARCA IJK opened at $96.08 on Thursday. The firm’s 50-day moving average price is $94.81 and its 200-day moving average price is $89.42. iShares S&P Mid-Cap 400 Growth ETF has a 1-year low of $71.69 and a 1-year high of $100.01. The firm has a market capitalization of $9.23 billion, a P/E ratio of 22.45 and a beta of 1.08.

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.