McAlister Sweet & Associates Inc. Acquires New Position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

McAlister Sweet & Associates Inc. purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 39,215 shares of the company’s stock, valued at approximately $2,941,000. iShares S&P Mid-Cap 400 Growth ETF makes up approximately 2.5% of McAlister Sweet & Associates Inc.’s investment portfolio, making the stock its 11th largest holding.

A number of other large investors also recently modified their holdings of the company. Ahrens Investment Partners LLC acquired a new position in iShares S&P Mid-Cap 400 Growth ETF in the first quarter valued at $50,000. Royal Fund Management LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the first quarter valued at $5,177,000. Miracle Mile Advisors LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 1st quarter valued at about $209,000. Atria Wealth Solutions Inc. lifted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 11.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 56,533 shares of the company’s stock valued at $3,861,000 after purchasing an additional 5,691 shares during the period. Finally, Key Financial Inc boosted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 5.3% during the first quarter. Key Financial Inc now owns 7,988 shares of the company’s stock worth $571,000 after buying an additional 402 shares in the last quarter.

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

iShares S&P Mid-Cap 400 Growth ETF stock traded up $0.67 during mid-day trading on Thursday, reaching $74.95. The company had a trading volume of 30,897 shares, compared to its average volume of 328,110. The stock’s 50-day simple moving average is $76.01 and its 200-day simple moving average is $72.93. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $62.01 and a 1 year high of $78.28. The company has a market capitalization of $7.93 billion, a P/E ratio of 15.73 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.