iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Stake Decreased by Wells Fargo & Company MN

Wells Fargo & Company MN trimmed its holdings in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 4.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,444,174 shares of the company’s stock after selling 312,396 shares during the quarter. Wells Fargo & Company MN owned about 6.00% of iShares S&P Mid-Cap 400 Growth ETF worth $585,969,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Benjamin Edwards Inc. bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the third quarter valued at about $562,000. IHT Wealth Management LLC raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 28.4% during the 3rd quarter. IHT Wealth Management LLC now owns 17,232 shares of the company’s stock worth $1,582,000 after buying an additional 3,812 shares in the last quarter. Stifel Financial Corp lifted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 12.1% in the 3rd quarter. Stifel Financial Corp now owns 261,425 shares of the company’s stock worth $24,034,000 after acquiring an additional 28,313 shares during the period. Texas Capital Bank Wealth Management Services Inc bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the third quarter valued at approximately $899,000. Finally, Kovitz Investment Group Partners LLC increased its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 7.3% during the third quarter. Kovitz Investment Group Partners LLC now owns 39,553 shares of the company’s stock valued at $3,636,000 after acquiring an additional 2,702 shares during the period.

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

IJK opened at $75.77 on Friday. The business has a 50 day moving average price of $88.42 and a two-hundred day moving average price of $91.91. The company has a market capitalization of $7.69 billion, a price-to-earnings ratio of 20.75 and a beta of 1.12. iShares S&P Mid-Cap 400 Growth ETF has a 1-year low of $74.09 and a 1-year 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.