iShares S&P Mid-Cap 400 Growth ETF $IJK Shares Sold by Midland Wealth Advisors LLC

Midland Wealth Advisors LLC lowered its stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 44.3% during the third quarter, Holdings Channel reports. The firm owned 489,566 shares of the company’s stock after selling 388,726 shares during the period. iShares S&P Mid-Cap 400 Growth ETF makes up approximately 2.5% of Midland Wealth Advisors LLC’s investment portfolio, making the stock its 11th largest position. Midland Wealth Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $46,944,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. First Horizon Corp purchased a new position in iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter worth $1,251,000. Allspring Global Investments Holdings LLC boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 27.7% during the second quarter. Allspring Global Investments Holdings LLC now owns 3,927 shares of the company’s stock worth $360,000 after buying an additional 851 shares during the period. Alpha Cubed Investments LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the second quarter worth about $278,000. Daner Wealth Management LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the second quarter worth about $607,000. Finally, Tiemann Investment Advisors LLC increased its position in iShares S&P Mid-Cap 400 Growth ETF by 2.8% in the 2nd quarter. Tiemann Investment Advisors LLC now owns 19,908 shares of the company’s stock valued at $1,811,000 after acquiring an additional 535 shares during the period. 67.99% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 0.4%

iShares S&P Mid-Cap 400 Growth ETF stock opened at $105.77 on Friday. iShares S&P Mid-Cap 400 Growth ETF has a twelve month low of $71.69 and a twelve month high of $106.36. The stock has a 50 day moving average of $101.33 and a two-hundred day moving average of $97.50. The stock has a market capitalization of $9.85 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08.

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.