iShares S&P Mid-Cap 400 Growth ETF $IJK Position Reduced by Mutual Advisors LLC

Mutual Advisors LLC cut its position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 6.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,299 shares of the company’s stock after selling 295 shares during the quarter. Mutual Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $407,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Garde Capital Inc. purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF during the first quarter valued at about $31,000. Financial Connections Group Inc. lifted its stake 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 valued at $31,000 after buying an additional 138 shares in the last quarter. IMA Advisory Services Inc. purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF during the first quarter valued at about $34,000. Smartleaf Asset Management LLC lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 60.5% during the first quarter. Smartleaf Asset Management LLC now owns 491 shares of the company’s stock valued at $41,000 after buying an additional 185 shares in the last quarter. Finally, Rossby Financial LCC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF during the first quarter valued at about $42,000. 67.99% of the stock is owned by hedge funds and other institutional investors.

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

Shares of IJK opened at $95.67 on Tuesday. The company has a market capitalization of $9.03 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 fifty-two week low of $71.69 and a fifty-two week high of $100.01. The business’s 50-day moving average is $95.43 and its 200-day moving average is $90.56.

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.