Brookstone Capital Management Invests $251,000 in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Brookstone Capital Management bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,753 shares of the company’s stock, valued at approximately $251,000.

Other large investors have also modified their holdings of the company. Bear Mountain Capital Inc. purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth approximately $108,000. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 25.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 86,084 shares of the company’s stock worth $6,820,000 after buying an additional 17,717 shares in the last quarter. Columbia Trust Co 01012016 raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 142.3% during the 4th quarter. Columbia Trust Co 01012016 now owns 15,175 shares of the company’s stock worth $1,202,000 after buying an additional 8,913 shares in the last quarter. Great Valley Advisor Group Inc. purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth approximately $209,000. Finally, UBS Group AG raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.4% during the 4th quarter. UBS Group AG now owns 2,074,931 shares of the company’s stock worth $164,376,000 after buying an additional 48,697 shares in the last quarter.

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

NYSEARCA IJK opened at $87.40 on Wednesday. iShares S&P Mid-Cap 400 Growth ETF has a 1-year low of $67.63 and a 1-year high of $91.74. The company has a market capitalization of $9.39 billion, a P/E ratio of 18.52 and a beta of 1.08. The business has a 50 day moving average price of $88.50 and a 200 day moving average price of $85.46.

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.