Cassaday & Co Wealth Management LLC Increases Stock Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

Cassaday & Co Wealth Management LLC lifted its stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 2.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 212,240 shares of the company’s stock after acquiring an additional 5,184 shares during the quarter. iShares S&P Mid-Cap 400 Growth ETF accounts for about 0.5% of Cassaday & Co Wealth Management LLC’s investment portfolio, making the stock its 24th largest holding. Cassaday & Co Wealth Management LLC owned 0.22% of iShares S&P Mid-Cap 400 Growth ETF worth $21,356,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Litman Gregory Wealth Management LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth approximately $25,000. Nemes Rush Group LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at $28,000. National Bank of Canada FI bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at $29,000. Angeles Wealth Management LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 1st quarter valued at $30,000. Finally, Sankala Group LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at $32,000. 67.99% of the stock is owned by hedge funds and other institutional investors.

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

IJK stock opened at $111.88 on Tuesday. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $90.44 and a 1 year high of $117.60. The company has a market cap of $10.71 billion, a P/E ratio of 22.45 and a beta of 1.05. The stock’s fifty day moving average price is $113.72 and its 200-day moving average price is $107.48.

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.