Brightwater Advisory LLC Decreases Stock Position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Brightwater Advisory LLC reduced its position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 1.1% in the 4th quarter, Holdings Channel reports. The firm owned 48,961 shares of the company’s stock after selling 538 shares during the quarter. iShares S&P Mid-Cap 400 Growth ETF accounts for about 3.5% of Brightwater Advisory LLC’s portfolio, making the stock its 11th largest position. Brightwater Advisory LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $4,452,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Main Management ETF Advisors LLC boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.5% during the 3rd quarter. Main Management ETF Advisors LLC now owns 3,025,840 shares of the company’s stock worth $278,165,000 after purchasing an additional 74,120 shares during the last quarter. Bank of New York Mellon Corp lifted its position in iShares S&P Mid-Cap 400 Growth ETF by 10.4% during the fourth quarter. Bank of New York Mellon Corp now owns 778,570 shares of the company’s stock worth $70,795,000 after buying an additional 73,548 shares in the last quarter. InvesTrust acquired a new position in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth $5,805,000. White Pine Investment CO purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at $5,536,000. Finally, Denver PWM LLC grew its holdings in iShares S&P Mid-Cap 400 Growth ETF by 1,134.3% in the 4th quarter. Denver PWM LLC now owns 63,714 shares of the company’s stock valued at $5,794,000 after buying an additional 58,552 shares in the last quarter.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 0.2 %

NYSEARCA IJK opened at $89.11 on Wednesday. The business’s fifty day simple moving average is $92.96 and its 200-day simple moving average is $92.82. The firm has a market cap of $9.57 billion, a PE ratio of 18.52 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a 52 week low of $82.82 and a 52 week 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.