Janney Montgomery Scott LLC Boosts Stock Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

Janney Montgomery Scott LLC increased its holdings in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 1.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 48,621 shares of the company’s stock after acquiring an additional 669 shares during the period. Janney Montgomery Scott LLC owned approximately 0.05% of iShares S&P Mid-Cap 400 Growth ETF worth $4,424,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IJK. Abound Wealth Management raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 260.6% in the 1st quarter. Abound Wealth Management now owns 339 shares of the company’s stock valued at $28,000 after buying an additional 245 shares during the period. Garde Capital Inc. acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the first quarter worth about $31,000. Financial Connections Group Inc. increased its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 57.5% during the first quarter. Financial Connections Group Inc. now owns 378 shares of the company’s stock worth $31,000 after purchasing an additional 138 shares in the last quarter. IMA Advisory Services Inc. acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the first quarter worth about $34,000. Finally, Smartleaf Asset Management LLC grew its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 60.5% during the first quarter. Smartleaf Asset Management LLC now owns 491 shares of the company’s stock worth $41,000 after buying an additional 185 shares during the last quarter. 67.99% of the stock is owned by institutional investors and hedge funds.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 1.1%

NYSEARCA IJK opened at $95.56 on Wednesday. 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 business’s 50-day moving average price is $94.97 and its 200 day moving average price is $89.78. The firm has a market cap of $9.04 billion, a P/E ratio of 22.45 and a beta of 1.08.

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.