Main Management LLC Has $65.61 Million Position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Main Management LLC trimmed its stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 13.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 721,486 shares of the company’s stock after selling 116,079 shares during the period. iShares S&P Mid-Cap 400 Growth ETF accounts for approximately 5.4% of Main Management LLC’s holdings, making the stock its 7th largest position. Main Management LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $65,605,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. MainStreet Investment Advisors LLC boosted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 1.2% in the fourth quarter. MainStreet Investment Advisors LLC now owns 11,331 shares of the company’s stock valued at $1,030,000 after acquiring an additional 129 shares during the last quarter. Focus Partners Wealth lifted its position in iShares S&P Mid-Cap 400 Growth ETF by 160.6% during the 4th quarter. Focus Partners Wealth now owns 127,867 shares of the company’s stock valued at $11,667,000 after purchasing an additional 78,802 shares during the period. Eagle Global Advisors LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at about $213,000. BOKF NA boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.9% in the 4th quarter. BOKF NA now owns 502,265 shares of the company’s stock valued at $45,596,000 after purchasing an additional 9,591 shares during the last quarter. Finally, Captrust Financial Advisors grew its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 7.9% during the 4th quarter. Captrust Financial Advisors now owns 1,846,654 shares of the company’s stock worth $167,916,000 after buying an additional 135,935 shares during the period.

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

IJK opened at $89.59 on Wednesday. The firm has a 50 day simple moving average of $82.47 and a 200 day simple moving average of $89.79. 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 company has a market cap of $9.00 billion, a price-to-earnings ratio of 20.19 and a beta of 1.08.

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.