Hershey Financial Advisers LLC Invests $461,000 in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Hershey Financial Advisers LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 5,073 shares of the company’s stock, valued at approximately $461,000.

A number of other institutional investors have also modified their holdings of the stock. Citigroup Inc. increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 24.0% during the third quarter. Citigroup Inc. now owns 127,833 shares of the company’s stock valued at $11,752,000 after buying an additional 24,762 shares during the period. Meridian Wealth Management LLC purchased a new position in iShares S&P Mid-Cap 400 Growth ETF during the third quarter valued at approximately $1,276,000. Nwam LLC purchased a new position in iShares S&P Mid-Cap 400 Growth ETF during the third quarter valued at approximately $220,000. Great Valley Advisor Group Inc. increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 62.1% during the third quarter. Great Valley Advisor Group Inc. now owns 4,353 shares of the company’s stock valued at $400,000 after buying an additional 1,667 shares during the period. Finally, Cerity Partners LLC increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 9.0% during the third quarter. Cerity Partners LLC now owns 495,049 shares of the company’s stock valued at $45,510,000 after buying an additional 40,698 shares during the period.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 0.5 %

Shares of IJK stock opened at $84.18 on Monday. The firm has a market cap of $8.54 billion, a price-to-earnings ratio of 20.75 and a beta of 1.12. The company’s 50 day moving average is $90.64 and its 200 day moving average is $92.27. iShares S&P Mid-Cap 400 Growth ETF has a 52-week low of $81.14 and a 52-week high of $100.01.

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.