Murphy Middleton Hinkle & Parker Inc. Acquires New Stake in iShares S&P Mid-Cap 400 Growth ETF (IJK)

Murphy Middleton Hinkle & Parker Inc. purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 1,047 shares of the company’s stock, valued at approximately $230,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Alliancebernstein L.P. purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at approximately $600,000. Bank of New York Mellon Corp increased its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 7.2% during the third quarter. Bank of New York Mellon Corp now owns 55,704 shares of the company’s stock worth $12,976,000 after acquiring an additional 3,724 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.2% during the third quarter. JPMorgan Chase & Co. now owns 138,484 shares of the company’s stock worth $32,258,000 after buying an additional 1,680 shares during the period. Renaissance Technologies LLC lifted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 21.6% during the third quarter. Renaissance Technologies LLC now owns 4,500 shares of the company’s stock worth $1,048,000 after buying an additional 800 shares during the period. Finally, Smith Moore & CO. acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth $204,000.

Shares of NYSEARCA:IJK traded down $1.46 on Wednesday, hitting $223.26. 407 shares of the company were exchanged, compared to its average volume of 134,000. iShares S&P Mid-Cap 400 Growth ETF has a 1-year low of $179.75 and a 1-year high of $238.39.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 21st were given a dividend of $0.5998 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This is an increase from iShares S&P Mid-Cap 400 Growth ETF’s previous quarterly dividend of $0.52. This represents a $2.40 dividend on an annualized basis and a yield of 1.07%.

COPYRIGHT VIOLATION NOTICE: This piece was first reported by Baseball Daily News and is the sole property of of Baseball Daily News. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States and international copyright and trademark law. The original version of this piece can be viewed at https://www.baseballdailydigest.com/news/2019/04/17/murphy-middleton-hinkle-parker-inc-acquires-new-stake-in-ishares-sp-mid-cap-400-growth-etf-ijk.html.

iShares S&P Mid-Cap 400 Growth ETF 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.

Read More: Total Return

Want to see what other hedge funds are holding IJK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK).

Institutional Ownership by Quarter for iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Receive News & Ratings for iShares S&P Mid-Cap 400 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P Mid-Cap 400 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.