SCS Capital Management LLC Lowers Stock Holdings in iShares S&P Mid-Cap 400 Growth ETF $IJK

SCS Capital Management LLC decreased its position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 73.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,201 shares of the company’s stock after selling 8,808 shares during the quarter. SCS Capital Management LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $310,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IJK. Hazlett Burt & Watson Inc. increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 76.2% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 10,275 shares of the company’s stock valued at $995,000 after acquiring an additional 4,443 shares during the last quarter. Essex Financial Services Inc. increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 4.7% in the 4th quarter. Essex Financial Services Inc. now owns 2,854 shares of the company’s stock valued at $277,000 after acquiring an additional 127 shares during the last quarter. Basepoint Wealth LLC bought a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at $89,000. Moors & Cabot Inc. increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 3.0% in the 4th quarter. Moors & Cabot Inc. now owns 12,652 shares of the company’s stock valued at $1,226,000 after acquiring an additional 372 shares during the last quarter. Finally, Godfrey Financial Associates Inc. bought a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at $1,600,000. Hedge funds and other institutional investors own 67.99% of the company’s stock.

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

Shares of NYSEARCA IJK opened at $115.01 on Wednesday. The company has a market cap of $11.17 billion, a P/E ratio of 22.45 and a beta of 1.06. The firm’s fifty day moving average is $107.74 and its two-hundred day moving average is $103.10. iShares S&P Mid-Cap 400 Growth ETF has a 52-week low of $87.34 and a 52-week high of $115.04.

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