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

Main Management LLC decreased its position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 95.2% in the second quarter, HoldingsChannel reports. The fund owned 33,498 shares of the company’s stock after selling 665,245 shares during the quarter. Main Management LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $3,048,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fiduciary Alliance LLC lifted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.0% during the 2nd quarter. Fiduciary Alliance LLC now owns 11,688 shares of the company’s stock valued at $1,063,000 after purchasing an additional 110 shares during the last quarter. Main Street Group LTD raised its stake in iShares S&P Mid-Cap 400 Growth ETF by 9.8% in the second quarter. Main Street Group LTD now owns 1,244 shares of the company’s stock valued at $113,000 after buying an additional 111 shares during the last quarter. Brighton Jones LLC grew its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.6% during the second quarter. Brighton Jones LLC now owns 7,469 shares of the company’s stock worth $680,000 after acquiring an additional 119 shares during the last quarter. Benjamin Edwards Inc. increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.0% during the first quarter. Benjamin Edwards Inc. now owns 6,236 shares of the company’s stock valued at $519,000 after acquiring an additional 124 shares in the last quarter. Finally, Pacific Sun Financial Corp increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.0% during the second quarter. Pacific Sun Financial Corp now owns 6,662 shares of the company’s stock valued at $606,000 after acquiring an additional 130 shares in the last quarter. 67.99% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Mid-Cap 400 Growth ETF Stock Up 0.3%

IJK stock opened at $93.18 on Thursday. The stock has a market capitalization of $8.79 billion, a PE ratio of 22.45 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a 52 week low of $71.69 and a 52 week high of $100.01. The firm has a 50 day moving average of $95.79 and a 200 day moving average of $92.97.

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.