Probity Advisors Inc. Decreases Stock Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

Probity Advisors Inc. lessened its stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 8.0% in the second quarter, Holdings Channel reports. The fund owned 3,260 shares of the company’s stock after selling 284 shares during the quarter. Probity Advisors Inc.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $297,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Goldman Sachs Group Inc. raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,093,318 shares of the company’s stock valued at $174,331,000 after purchasing an additional 83,352 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.7% in the 1st quarter. Raymond James Financial Inc. now owns 1,849,336 shares of the company’s stock valued at $154,013,000 after purchasing an additional 48,238 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,717,728 shares of the company’s stock valued at $143,052,000 after purchasing an additional 29,906 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.2% in the 1st quarter. LPL Financial LLC now owns 1,405,306 shares of the company’s stock valued at $117,034,000 after purchasing an additional 43,680 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.8% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,149,622 shares of the company’s stock valued at $95,741,000 after purchasing an additional 52,492 shares in the last quarter. Hedge funds and other institutional investors own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Stock Up 0.6%

Shares of IJK opened at $96.25 on Wednesday. The business’s 50 day moving average is $95.47 and its two-hundred day moving average is $90.60. 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 market cap of $9.08 billion, a price-to-earnings ratio of 22.45 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.