Cwm LLC Increases Stock Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

Cwm LLC raised its holdings in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 106.3% during the second quarter, Holdings Channel.com reports. The firm owned 32,902 shares of the company’s stock after purchasing an additional 16,953 shares during the quarter. Cwm LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $2,993,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. boosted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 4.1% in the 1st 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 in the last quarter. Raymond James Financial Inc. boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.7% during the 1st quarter. Raymond James Financial Inc. now owns 1,849,336 shares of the company’s stock worth $154,013,000 after acquiring an additional 48,238 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,717,728 shares of the company’s stock worth $143,052,000 after acquiring an additional 29,906 shares in the last quarter. LPL Financial LLC boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.2% during the 1st quarter. LPL Financial LLC now owns 1,405,306 shares of the company’s stock worth $117,034,000 after acquiring an additional 43,680 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.8% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,149,622 shares of the company’s stock worth $95,741,000 after acquiring an additional 52,492 shares in the last quarter. Hedge funds and other institutional investors own 67.99% of the company’s stock.

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

Shares of NYSEARCA:IJK opened at $94.63 on Friday. The business’s 50 day simple moving average is $95.35 and its 200-day simple moving average is $90.31. The firm has a market capitalization of $8.93 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 12 month low of $71.69 and a 12 month high of $100.01.

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.