Sigma Investment Counselors Inc. Makes New Investment in iShares S&P Mid-Cap 400 Growth ETF $IJK

Sigma Investment Counselors Inc. purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the third quarter, according to its most recent filing with the SEC. The fund purchased 4,605 shares of the company’s stock, valued at approximately $505,000.

Several other hedge funds have also bought and sold shares of IJK. Envestnet Asset Management Inc. boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 5.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,065,287 shares of the company’s stock valued at $242,671,000 after purchasing an additional 103,836 shares during the last quarter. D.A. Davidson & CO. grew its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.8% during the first quarter. D.A. Davidson & CO. now owns 1,226,067 shares of the company’s stock valued at $123,367,000 after purchasing an additional 33,259 shares in the last quarter. USA Financial Formulas bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the first quarter worth about $104,845,000. Bank of New York Mellon Corp increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 15.6% in the first quarter. Bank of New York Mellon Corp now owns 949,569 shares of the company’s stock worth $95,546,000 after purchasing an additional 128,011 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.2% in the first quarter. Royal Bank of Canada now owns 551,904 shares of the company’s stock worth $55,532,000 after purchasing an additional 17,057 shares during the last quarter. Hedge funds and other institutional investors own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 0.5%

NYSEARCA:IJK opened at $109.06 on Thursday. The company has a market capitalization of $10.46 billion, a P/E ratio of 22.45 and a beta of 1.06. iShares S&P Mid-Cap 400 Growth ETF has a 12 month low of $91.30 and a 12 month high of $119.39. The business’s 50-day moving average is $111.21 and its 200 day moving average is $109.46.

About iShares S&P Mid-Cap 400 Growth ETF

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.