Main Management LLC Decreases Stock Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

Main Management LLC lowered its stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 15.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,214 shares of the company’s stock after selling 4,493 shares during the quarter. Main Management LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $2,443,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of IJK. AlphaCore Capital LLC lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 44,722.6% in the 4th quarter. AlphaCore Capital LLC now owns 222,320 shares of the company’s stock worth $21,538,000 after purchasing an additional 221,824 shares in the last quarter. Strategic Investment Advisors MI bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter worth about $20,923,000. Bank of America Corp DE increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.6% in the 2nd quarter. Bank of America Corp DE now owns 3,797,381 shares of the company’s stock worth $345,486,000 after buying an additional 130,606 shares during the last quarter. UBS Group AG increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.9% in the 3rd quarter. UBS Group AG now owns 2,149,276 shares of the company’s stock worth $206,094,000 after buying an additional 101,025 shares during the last quarter. Finally, Buffalo Business & Estate Services Ltd. bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter worth about $7,651,000. Hedge funds and other institutional investors own 67.99% of the company’s stock.

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

iShares S&P Mid-Cap 400 Growth ETF stock opened at $114.07 on Monday. The company’s 50-day moving average price is $107.49 and its 200-day moving average price is $102.98. iShares S&P Mid-Cap 400 Growth ETF has a twelve month low of $86.76 and a twelve month high of $114.71. The company has a market cap of $11.08 billion, a PE ratio of 22.45 and a beta of 1.06.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.