Argent Advisors Inc. Invests $956,000 in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Argent Advisors Inc. acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,516 shares of the company’s stock, valued at approximately $956,000.

A number of other hedge funds also recently made changes to their positions in the stock. Parallel Advisors LLC raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 72.0% during the fourth quarter. Parallel Advisors LLC now owns 7,910 shares of the company’s stock worth $719,000 after acquiring an additional 3,310 shares during the last quarter. Tidemark LLC raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 14.3% during the fourth quarter. Tidemark LLC now owns 1,198 shares of the company’s stock worth $109,000 after acquiring an additional 150 shares during the last quarter. Associated Banc Corp raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 0.5% during the fourth quarter. Associated Banc Corp now owns 92,963 shares of the company’s stock worth $8,453,000 after acquiring an additional 426 shares during the last quarter. Aviso Financial Inc. raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 24.2% during the fourth quarter. Aviso Financial Inc. now owns 4,027 shares of the company’s stock worth $366,000 after acquiring an additional 785 shares during the last quarter. Finally, Atala Financial Inc bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth about $31,000.

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

Shares of IJK stock opened at $85.16 on Tuesday. The company has a market cap of $8.69 billion, a P/E ratio of 20.22 and a beta of 1.12. The stock has a 50 day simple moving average of $91.21 and a two-hundred day simple moving average of $92.41. iShares S&P Mid-Cap 400 Growth ETF has a fifty-two week low of $81.14 and a fifty-two week high of $100.01.

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.