Hyundai Investments Co. Ltd. lessened its position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK – Free Report) by 48.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,267 shares of the company’s stock after selling 4,966 shares during the quarter. Hyundai Investments Co. Ltd.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $611,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IJK. Morgan Stanley grew its position in iShares S&P Mid-Cap 400 Growth ETF by 0.8% during the 4th quarter. Morgan Stanley now owns 7,220,033 shares of the company’s stock worth $699,477,000 after purchasing an additional 53,813 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.6% in the second quarter. Bank of America Corp DE now owns 3,797,381 shares of the company’s stock valued at $345,486,000 after purchasing an additional 130,606 shares in the last quarter. UBS Group AG lifted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.9% in the third quarter. UBS Group AG now owns 2,149,276 shares of the company’s stock valued at $206,094,000 after purchasing an additional 101,025 shares in the last quarter. D.A. Davidson & CO. boosted its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.8% in the first quarter. D.A. Davidson & CO. now owns 1,226,067 shares of the company’s stock worth $123,367,000 after buying an additional 33,259 shares during the period. Finally, Northern Trust Corp boosted its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 0.6% in the third quarter. Northern Trust Corp now owns 1,103,347 shares of the company’s stock worth $105,800,000 after buying an additional 6,296 shares during the period. Institutional investors and hedge funds own 67.99% of the company’s stock.
iShares S&P Mid-Cap 400 Growth ETF Stock Performance
Shares of IJK stock opened at $113.45 on Monday. iShares S&P Mid-Cap 400 Growth ETF has a 1-year low of $91.30 and a 1-year high of $119.39. The company has a market capitalization of $10.85 billion, a price-to-earnings ratio of 22.45 and a beta of 1.05. The stock’s fifty day simple moving average is $114.59 and its 200-day simple moving average is $110.48.
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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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