Norden Group LLC Purchases New Position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Norden Group LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. 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 accounts for 1.1% of Norden Group LLC’s investment portfolio, making the stock its 18th largest holding.

A number of other hedge funds also recently bought and sold shares of IJK. Simplex Trading LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth approximately $165,000. Natixis Advisors L.P. grew its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.1% during the 4th quarter. Natixis Advisors L.P. now owns 19,169 shares of the company’s stock worth $1,518,000 after acquiring an additional 756 shares during the period. Lincoln National Corp grew its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 6.3% during the 4th quarter. Lincoln National Corp now owns 7,361 shares of the company’s stock worth $583,000 after acquiring an additional 434 shares during the period. Montag A & Associates Inc. grew its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 21.0% during the 4th quarter. Montag A & Associates Inc. now owns 2,541 shares of the company’s stock worth $201,000 after acquiring an additional 441 shares during the period. Finally, Principal Securities Inc. purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth approximately $985,000.

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

Shares of IJK stock traded down $1.20 during midday trading on Friday, reaching $86.30. 197,414 shares of the stock were exchanged, compared to its average volume of 344,241. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $67.63 and a 1 year high of $93.56. The company’s 50 day moving average is $89.13 and its two-hundred day moving average is $88.56. The firm has a market cap of $9.27 billion, a PE ratio of 18.52 and a beta of 1.08.

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.