Foundation Wealth Management LLC Buys 2,586 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK

Foundation Wealth Management LLC boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 13.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,971 shares of the company’s stock after purchasing an additional 2,586 shares during the period. iShares S&P Mid-Cap 400 Growth ETF accounts for about 1.4% of Foundation Wealth Management LLC’s investment portfolio, making the stock its 15th biggest holding. Foundation Wealth Management LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $1,999,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Goldman Sachs Group Inc. boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,093,318 shares of the company’s stock valued at $174,331,000 after buying an additional 83,352 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.7% in the 1st quarter. Raymond James Financial Inc. now owns 1,849,336 shares of the company’s stock valued at $154,013,000 after acquiring an additional 48,238 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,717,728 shares of the company’s stock valued at $143,052,000 after purchasing an additional 29,906 shares during the period. LPL Financial LLC raised its stake in iShares S&P Mid-Cap 400 Growth ETF by 3.2% in the first quarter. LPL Financial LLC now owns 1,405,306 shares of the company’s stock valued at $117,034,000 after buying an additional 43,680 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.8% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,149,622 shares of the company’s stock worth $95,741,000 after acquiring an additional 52,492 shares during the last quarter. Institutional investors and hedge funds own 67.99% of the company’s stock.

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

IJK stock opened at $96.62 on Tuesday. iShares S&P Mid-Cap 400 Growth ETF has a one year low of $71.69 and a one year high of $100.01. The stock has a market cap of $9.14 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08. The company has a fifty day moving average price of $94.95 and a two-hundred day moving average price of $89.74.

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.