World Investment Advisors Buys 387,238 Shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

World Investment Advisors lifted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 1,438.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 414,157 shares of the company’s stock after buying an additional 387,238 shares during the quarter. iShares S&P Mid-Cap 400 Growth ETF comprises about 1.0% of World Investment Advisors’ portfolio, making the stock its 14th largest holding. World Investment Advisors’ holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $37,659,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Stonebridge Financial Group LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth approximately $31,000. Atala Financial Inc acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth approximately $31,000. Palouse Capital Management Inc. bought a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at $33,000. Runnymede Capital Advisors Inc. acquired a new position in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at $42,000. Finally, Murphy & Mullick Capital Management Corp bought a new position in iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth $42,000.

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

IJK opened at $85.41 on Thursday. The stock has a fifty day moving average of $89.16 and a 200-day moving average of $92.09. The company has a market capitalization of $8.66 billion, a P/E ratio of 20.75 and a beta of 1.12. 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.

About iShares S&P Mid-Cap 400 Growth ETF

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.