RFG Advisory LLC reduced its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK – Free Report) by 35.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,986 shares of the company’s stock after selling 2,200 shares during the quarter. RFG Advisory LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $363,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. raised its position in iShares S&P Mid-Cap 400 Growth ETF by 4.1% in the first 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 during the last quarter. Raymond James Financial Inc. raised its position in iShares S&P Mid-Cap 400 Growth ETF by 2.7% in the first 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 during the last quarter. Envestnet Asset Management Inc. raised its position in iShares S&P Mid-Cap 400 Growth ETF by 1.8% in the first 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 during the last quarter. LPL Financial LLC raised its position in iShares S&P Mid-Cap 400 Growth ETF by 3.2% in the first 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 during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in iShares S&P Mid-Cap 400 Growth ETF by 4.8% in the first 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 during the last quarter. 67.99% of the stock is currently owned by institutional investors.
iShares S&P Mid-Cap 400 Growth ETF Trading Up 0.1%
iShares S&P Mid-Cap 400 Growth ETF stock opened at $94.63 on Friday. The company has a market capitalization of $8.93 billion, a PE ratio of 22.45 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a 12 month low of $71.69 and a 12 month high of $100.01. The stock has a 50-day moving average price of $95.35 and a two-hundred day moving average price of $90.35.
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.
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