iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) is Main Management ETF Advisors LLC’s 4th Largest Position

Main Management ETF Advisors LLC decreased its holdings in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 19.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,434,740 shares of the company’s stock after selling 591,100 shares during the quarter. iShares S&P Mid-Cap 400 Growth ETF comprises about 10.0% of Main Management ETF Advisors LLC’s portfolio, making the stock its 4th biggest position. Main Management ETF Advisors LLC owned approximately 2.27% of iShares S&P Mid-Cap 400 Growth ETF worth $221,391,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Kestra Private Wealth Services LLC lifted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 43.2% during the fourth quarter. Kestra Private Wealth Services LLC now owns 5,039 shares of the company’s stock worth $458,000 after buying an additional 1,519 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 10.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,615 shares of the company’s stock valued at $147,000 after acquiring an additional 157 shares during the period. Sandy Spring Bank raised its stake in iShares S&P Mid-Cap 400 Growth ETF by 50.7% in the 4th quarter. Sandy Spring Bank now owns 168,479 shares of the company’s stock worth $15,320,000 after acquiring an additional 56,679 shares during the last quarter. Salem Investment Counselors Inc. lifted its position in iShares S&P Mid-Cap 400 Growth ETF by 16.4% during the 4th quarter. Salem Investment Counselors Inc. now owns 1,358 shares of the company’s stock worth $123,000 after acquiring an additional 191 shares during the period. Finally, Runnymede Capital Advisors Inc. purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at about $42,000.

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

Shares of IJK stock opened at $89.59 on Wednesday. iShares S&P Mid-Cap 400 Growth ETF has a fifty-two week low of $71.69 and a fifty-two week high of $100.01. The firm has a market capitalization of $9.00 billion, a PE ratio of 20.19 and a beta of 1.08. The stock’s 50-day simple moving average is $82.47 and its 200-day simple moving average is $89.79.

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.