Norden Group LLC Makes New $5.50 Million Investment in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Norden Group LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 62,362 shares of the company’s stock, valued at approximately $5,495,000. iShares S&P Mid-Cap 400 Growth ETF comprises approximately 1.1% of Norden Group LLC’s investment portfolio, making the stock its 18th largest holding. Norden Group LLC owned about 0.06% of iShares S&P Mid-Cap 400 Growth ETF at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IJK. USA Financial Formulas lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 6,476,084.6% during the fourth quarter. USA Financial Formulas now owns 841,904 shares of the company’s stock worth $66,696,000 after purchasing an additional 841,891 shares during the last quarter. Midland Wealth Advisors LLC bought a new stake in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth about $64,107,000. Christopher J. Hasenberg Inc bought a new stake in iShares S&P Mid-Cap 400 Growth ETF during the first quarter worth about $29,672,000. Captrust Financial Advisors increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 13.1% in the first quarter. Captrust Financial Advisors now owns 2,516,685 shares of the company’s stock worth $229,648,000 after buying an additional 291,305 shares during the period. Finally, Cetera Investment Advisers increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 266.6% in the first quarter. Cetera Investment Advisers now owns 363,889 shares of the company’s stock worth $33,205,000 after buying an additional 264,626 shares during the period.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 1.4 %

Shares of IJK traded down $1.20 during trading hours on Friday, hitting $86.30. The company had a trading volume of 197,414 shares, compared to its average volume of 344,241. The firm has a market cap of $9.27 billion, a P/E ratio of 18.52 and a beta of 1.08. The stock’s 50 day moving average price is $89.13 and its 200 day moving average price is $88.56. iShares S&P Mid-Cap 400 Growth ETF has a 52-week low of $67.63 and a 52-week high of $93.56.

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.