GC Wealth Management RIA LLC Lowers Holdings in iShares S&P Mid-Cap 400 Growth ETF $IJK

GC Wealth Management RIA LLC decreased its stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 4.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,089 shares of the company’s stock after selling 1,434 shares during the quarter. GC Wealth Management RIA LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $2,556,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of IJK. Abound Wealth Management boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 260.6% in the first quarter. Abound Wealth Management now owns 339 shares of the company’s stock worth $28,000 after buying an additional 245 shares during the last quarter. Garde Capital Inc. purchased a new position in iShares S&P Mid-Cap 400 Growth ETF during the first quarter worth approximately $31,000. Financial Connections Group Inc. boosted its position in iShares S&P Mid-Cap 400 Growth ETF by 57.5% during the first quarter. Financial Connections Group Inc. now owns 378 shares of the company’s stock worth $31,000 after purchasing an additional 138 shares in the last quarter. IMA Advisory Services Inc. acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the first quarter valued at approximately $34,000. Finally, Smartleaf Asset Management LLC grew its position in iShares S&P Mid-Cap 400 Growth ETF by 60.5% in the first quarter. Smartleaf Asset Management LLC now owns 491 shares of the company’s stock worth $41,000 after acquiring an additional 185 shares during the period. Hedge funds and other institutional investors own 67.99% of the company’s stock.

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

NYSEARCA:IJK opened at $96.00 on Monday. The firm has a market cap of $9.22 billion, a PE ratio of 22.45 and a beta of 1.08. The stock has a fifty day moving average price of $94.63 and a 200 day moving average price of $89.25. iShares S&P Mid-Cap 400 Growth ETF has a 12-month low of $71.69 and a 12-month high of $100.01.

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.