First Merchants Corp Decreases Stock Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

First Merchants Corp cut its position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 10.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 124,272 shares of the company’s stock after selling 14,300 shares during the period. First Merchants Corp’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $12,039,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Ashton Thomas Securities LLC acquired a new position in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at $28,000. Elevation Point Wealth Partners LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 2nd quarter worth $29,000. National Bank of Canada FI acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter worth $29,000. Rossmore Private Capital purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth $35,000. Finally, Qube Research & Technologies Ltd grew its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 123.6% during the second quarter. Qube Research & Technologies Ltd now owns 398 shares of the company’s stock worth $36,000 after buying an additional 220 shares in the last quarter. 67.99% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P Mid-Cap 400 Growth ETF Stock Up 1.0%

Shares of NYSEARCA IJK opened at $102.59 on Thursday. The firm has a 50-day simple moving average of $103.39 and a 200-day simple moving average of $99.09. The stock has a market capitalization of $9.55 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a 52 week low of $71.69 and a 52 week high of $108.21.

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.