Pinnacle Financial Partners Inc Increases Stock Position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Pinnacle Financial Partners Inc increased its position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 22.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,074 shares of the company’s stock after buying an additional 2,000 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $1,018,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth $26,000. Ashton Thomas Securities LLC boosted its position in iShares S&P Mid-Cap 400 Growth ETF by 1,229.2% during the 3rd quarter. Ashton Thomas Securities LLC now owns 319 shares of the company’s stock worth $29,000 after purchasing an additional 295 shares during the period. Kimelman & Baird LLC purchased a new position in iShares S&P Mid-Cap 400 Growth ETF in the second quarter valued at about $31,000. Syntrinsic LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth about $38,000. Finally, Atwood & Palmer Inc. purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the second quarter worth about $43,000.

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

IJK stock opened at $94.94 on Friday. The stock has a 50-day simple moving average of $92.01 and a 200-day simple moving average of $90.00. The firm has a market cap of $10.20 billion, a P/E ratio of 18.52 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $72.40 and a 1 year high of $97.75.

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.