Wells Fargo & Company MN Sells 312,396 Shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Wells Fargo & Company MN reduced its stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 4.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 6,444,174 shares of the company’s stock after selling 312,396 shares during the period. Wells Fargo & Company MN owned approximately 0.06% of iShares S&P Mid-Cap 400 Growth ETF worth $585,969,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Stonebridge Financial Group LLC bought a new position in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter worth about $31,000. Atala Financial Inc purchased a new position in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter valued at approximately $31,000. Palouse Capital Management Inc. bought a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth approximately $33,000. Runnymede Capital Advisors Inc. purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter worth approximately $42,000. Finally, Murphy & Mullick Capital Management Corp purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter worth approximately $42,000.

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

NYSEARCA:IJK opened at $75.77 on Friday. iShares S&P Mid-Cap 400 Growth ETF has a 52-week low of $74.09 and a 52-week high of $100.01. The stock has a fifty day moving average of $88.42 and a 200 day moving average of $91.91. The firm has a market capitalization of $7.69 billion, a price-to-earnings ratio of 20.75 and a beta of 1.12.

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.