Parallel Advisors LLC Acquires 1,360 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK

Parallel Advisors LLC increased its position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 18.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,611 shares of the company’s stock after purchasing an additional 1,360 shares during the quarter. Parallel Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $783,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Advisors Capital Management LLC acquired a new position in iShares S&P Mid-Cap 400 Growth ETF in the 1st quarter valued at about $244,000. Summit Financial LLC grew its stake in iShares S&P Mid-Cap 400 Growth ETF by 4.9% in the 1st quarter. Summit Financial LLC now owns 11,923 shares of the company’s stock valued at $993,000 after buying an additional 560 shares during the last quarter. LPL Financial LLC grew its stake in iShares S&P Mid-Cap 400 Growth ETF by 3.2% in the 1st 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 last quarter. Rodgers & Associates LTD grew its stake in iShares S&P Mid-Cap 400 Growth ETF by 3.0% in the 1st quarter. Rodgers & Associates LTD now owns 84,103 shares of the company’s stock valued at $7,004,000 after buying an additional 2,435 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in iShares S&P Mid-Cap 400 Growth ETF in the 1st quarter valued at about $3,994,000. 67.99% of the stock is owned by institutional investors.

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

Shares of IJK opened at $97.24 on Friday. iShares S&P Mid-Cap 400 Growth ETF has a 52 week low of $71.69 and a 52 week high of $100.01. The firm has a market cap of $9.34 billion, a P/E ratio of 22.45 and a beta of 1.08. The firm’s 50-day simple moving average is $94.17 and its 200 day simple moving average is $88.69.

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.