LPL Financial LLC Sells 12,052 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK

LPL Financial LLC trimmed its position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 0.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,438,529 shares of the company’s stock after selling 12,052 shares during the quarter. LPL Financial LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $139,365,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in iShares S&P Mid-Cap 400 Growth ETF by 3.6% in the second quarter. Bank of America Corp DE now owns 3,797,381 shares of the company’s stock valued at $345,486,000 after acquiring an additional 130,606 shares during the last quarter. UBS Group AG increased its stake in iShares S&P Mid-Cap 400 Growth ETF by 1.4% in the fourth quarter. UBS Group AG now owns 2,179,822 shares of the company’s stock valued at $211,181,000 after acquiring an additional 30,546 shares during the last quarter. D.A. Davidson & CO. increased its stake in iShares S&P Mid-Cap 400 Growth ETF by 3.8% in the fourth quarter. D.A. Davidson & CO. now owns 1,192,808 shares of the company’s stock valued at $115,559,000 after acquiring an additional 43,442 shares during the last quarter. Northern Trust Corp increased its stake in iShares S&P Mid-Cap 400 Growth ETF by 0.6% in the third quarter. Northern Trust Corp now owns 1,103,347 shares of the company’s stock valued at $105,800,000 after acquiring an additional 6,296 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in iShares S&P Mid-Cap 400 Growth ETF by 0.7% in the fourth quarter. JPMorgan Chase & Co. now owns 885,104 shares of the company’s stock valued at $85,749,000 after acquiring an additional 6,231 shares during the last quarter. 67.99% of the stock is owned by institutional investors.

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

Shares of NYSEARCA:IJK opened at $110.96 on Thursday. The company’s 50 day simple moving average is $109.64 and its 200 day simple moving average is $104.08. The stock has a market capitalization of $10.78 billion, a price-to-earnings ratio of 22.45 and a beta of 1.05. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $87.34 and a 1 year high of $115.83.

iShares S&P Mid-Cap 400 Growth ETF Company 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.