Mechanics Financial Corp Has $32,000 Position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Mechanics Financial Corp decreased its stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 25.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 398 shares of the company’s stock after selling 138 shares during the period. Mechanics Financial Corp’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $32,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IJK. Independent Wealth Network Inc. increased its position in iShares S&P Mid-Cap 400 Growth ETF by 2.2% during the 4th quarter. Independent Wealth Network Inc. now owns 6,343 shares of the company’s stock worth $502,000 after buying an additional 134 shares during the period. Maltin Wealth Management Inc. increased its position in iShares S&P Mid-Cap 400 Growth ETF by 0.7% during the fourth quarter. Maltin Wealth Management Inc. now owns 20,394 shares of the company’s stock worth $1,616,000 after acquiring an additional 134 shares during the period. Prosperity Planning Inc. raised its stake in iShares S&P Mid-Cap 400 Growth ETF by 2.2% in the 4th quarter. Prosperity Planning Inc. now owns 7,119 shares of the company’s stock worth $564,000 after purchasing an additional 152 shares in the last quarter. Miracle Mile Advisors LLC boosted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 5.5% in the 3rd quarter. Miracle Mile Advisors LLC now owns 3,082 shares of the company’s stock valued at $223,000 after purchasing an additional 160 shares during the period. Finally, Tsfg LLC grew its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 39.8% during the 4th quarter. Tsfg LLC now owns 604 shares of the company’s stock worth $48,000 after purchasing an additional 172 shares in the last quarter.

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

Shares of NYSEARCA IJK traded up $0.65 during midday trading on Thursday, reaching $86.48. The company’s stock had a trading volume of 66,353 shares, compared to its average volume of 395,959. The company has a market cap of $9.28 billion, a P/E ratio of 17.60 and a beta of 1.07. The business’s 50 day moving average price is $88.01 and its two-hundred day moving average price is $80.41. iShares S&P Mid-Cap 400 Growth ETF has a fifty-two week low of $67.63 and a fifty-two week high of $91.74.

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.