Fmr LLC Sells 62,617 Shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

FMR LLC reduced its stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 10.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 552,782 shares of the company’s stock after selling 62,617 shares during the quarter. FMR LLC owned 1.63% of iShares S&P Mid-Cap 400 Growth ETF worth $121,114,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IJK. Bank of America Corp DE boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 4.7% in the fourth quarter. Bank of America Corp DE now owns 982,891 shares of the company’s stock valued at $187,958,000 after buying an additional 43,745 shares in the last quarter. Ellis Investment Partners LLC boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 21,956.5% in the first quarter. Ellis Investment Partners LLC now owns 744,849 shares of the company’s stock valued at $744,000 after buying an additional 741,472 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 0.6% in the first quarter. PNC Financial Services Group Inc. now owns 569,114 shares of the company’s stock valued at $124,694,000 after buying an additional 3,639 shares in the last quarter. Financial Engines Advisors L.L.C. boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 4.2% in the first quarter. Financial Engines Advisors L.L.C. now owns 557,875 shares of the company’s stock valued at $122,229,000 after buying an additional 22,542 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 3.4% in the first quarter. Envestnet Asset Management Inc. now owns 374,046 shares of the company’s stock valued at $81,953,000 after buying an additional 12,358 shares in the last quarter.

NYSEARCA:IJK traded up $0.56 during trading hours on Thursday, hitting $227.15. The company’s stock had a trading volume of 41,828 shares, compared to its average volume of 101,675. The stock has a fifty day simple moving average of $223.50. iShares S&P Mid-Cap 400 Growth ETF has a twelve month low of $179.75 and a twelve month high of $238.39.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Tuesday, June 18th were paid a $0.6004 dividend. The ex-dividend date of this dividend was Monday, June 17th. This is a positive change from iShares S&P Mid-Cap 400 Growth ETF’s previous quarterly dividend of $0.60. This represents a $2.40 annualized dividend and a yield of 1.06%.

iShares S&P Mid-Cap 400 Growth ETF 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.

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Institutional Ownership by Quarter for iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

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