Griffin Asset Management Inc. Has $903,000 Stock Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

Griffin Asset Management Inc. grew its position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 5.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 9,929 shares of the company’s stock after purchasing an additional 556 shares during the period. Griffin Asset Management Inc.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $903,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Fiduciary Alliance LLC lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 1.0% in the second quarter. Fiduciary Alliance LLC now owns 11,688 shares of the company’s stock valued at $1,063,000 after acquiring an additional 110 shares during the last quarter. Main Street Group LTD lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 9.8% in the second quarter. Main Street Group LTD now owns 1,244 shares of the company’s stock valued at $113,000 after acquiring an additional 111 shares during the last quarter. Benjamin Edwards Inc. lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 2.0% in the first quarter. Benjamin Edwards Inc. now owns 6,236 shares of the company’s stock valued at $519,000 after acquiring an additional 124 shares during the last quarter. PGIM Custom Harvest LLC lifted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.7% in the first quarter. PGIM Custom Harvest LLC now owns 8,056 shares of the company’s stock worth $671,000 after buying an additional 132 shares during the last quarter. Finally, Financial Connections Group Inc. lifted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 57.5% in the first quarter. Financial Connections Group Inc. now owns 378 shares of the company’s stock worth $31,000 after buying an additional 138 shares during 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 Trading Down 2.7%

Shares of iShares S&P Mid-Cap 400 Growth ETF stock opened at $93.11 on Monday. The firm has a fifty day simple moving average of $95.10 and a 200-day simple moving average of $90.00. iShares S&P Mid-Cap 400 Growth ETF has a 1-year low of $71.69 and a 1-year high of $100.01. The stock has a market capitalization of $8.80 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08.

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.