Patten Group Inc. Cuts Stake in iShares S&P Mid-Cap 400 Growth ETF $IJK

Patten Group Inc. decreased its holdings in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 16.8% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,495 shares of the company’s stock after selling 2,917 shares during the period. Patten Group Inc.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $1,319,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in IJK. Focus Partners Wealth boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 206.5% in the 1st quarter. Focus Partners Wealth now owns 391,928 shares of the company’s stock valued at $32,640,000 after purchasing an additional 264,061 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 93.0% in the 1st quarter. Jones Financial Companies Lllp now owns 526,578 shares of the company’s stock valued at $46,664,000 after purchasing an additional 253,734 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of 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. Bank of New York Mellon Corp boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 9.7% in the 1st quarter. Bank of New York Mellon Corp now owns 853,754 shares of the company’s stock valued at $71,101,000 after purchasing an additional 75,184 shares in the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 1st quarter valued at $4,696,000. Hedge funds and other institutional investors own 67.99% of the company’s stock.

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

Shares of iShares S&P Mid-Cap 400 Growth ETF stock opened at $96.25 on Wednesday. iShares S&P Mid-Cap 400 Growth ETF has a 52-week low of $71.69 and a 52-week high of $100.01. The stock has a market capitalization of $9.08 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08. The company has a fifty day moving average of $95.47 and a 200-day moving average of $90.60.

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.