Stratos Wealth Partners LTD. Decreases Holdings in iShares S&P Mid-Cap 400 Growth ETF $IJK

Stratos Wealth Partners LTD. trimmed its stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 15.0% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 19,255 shares of the company’s stock after selling 3,398 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $1,752,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IJK. Garde Capital Inc. purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the first quarter worth about $31,000. 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 in the last quarter. IMA Advisory Services Inc. purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the first quarter worth about $34,000. Smartleaf Asset Management LLC lifted its stake in shares of 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 buying an additional 185 shares in the last quarter. Finally, Rossby Financial LCC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the first quarter worth 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 Trading Up 1.1%

NYSEARCA:IJK opened at $95.67 on Tuesday. The company’s 50-day moving average price is $95.43 and its 200-day moving average price is $90.56. The company has a market cap of $9.03 billion, a P/E ratio of 22.45 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a twelve month low of $71.69 and a twelve 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.