Northwestern Mutual Wealth Management Co. Has $105.19 Million Stock Holdings in iShares S&P Mid-Cap 400 Growth ETF $IJK

Northwestern Mutual Wealth Management Co. trimmed its stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 4.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,085,736 shares of the company’s stock after selling 52,335 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $105,186,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Bank of America Corp DE increased its position in iShares S&P Mid-Cap 400 Growth ETF by 3.6% during the 2nd quarter. Bank of America Corp DE now owns 3,797,381 shares of the company’s stock worth $345,486,000 after purchasing an additional 130,606 shares in the last quarter. UBS Group AG increased its position in iShares S&P Mid-Cap 400 Growth ETF by 1.4% during the 4th quarter. UBS Group AG now owns 2,179,822 shares of the company’s stock worth $211,181,000 after purchasing an additional 30,546 shares in the last quarter. Envestnet Asset Management Inc. increased its position in iShares S&P Mid-Cap 400 Growth ETF by 3.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,823,064 shares of the company’s stock worth $174,814,000 after purchasing an additional 65,515 shares in the last quarter. D.A. Davidson & CO. increased its position in iShares S&P Mid-Cap 400 Growth ETF by 3.8% during the 4th quarter. D.A. Davidson & CO. now owns 1,192,808 shares of the company’s stock worth $115,559,000 after purchasing an additional 43,442 shares in the last quarter. Finally, Northern Trust Corp increased its position in iShares S&P Mid-Cap 400 Growth ETF by 0.6% during the 3rd quarter. Northern Trust Corp now owns 1,103,347 shares of the company’s stock worth $105,800,000 after purchasing an additional 6,296 shares in the last quarter. 67.99% of the stock is currently owned by institutional investors and hedge funds.

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

IJK stock opened at $114.07 on Friday. The company has a 50 day simple moving average of $107.49 and a 200 day simple moving average of $102.93. The stock has a market cap of $11.08 billion, a price-to-earnings ratio of 22.45 and a beta of 1.06. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $86.76 and a 1 year high of $114.71.

iShares S&P Mid-Cap 400 Growth ETF 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.