Wellspring Financial Advisors LLC Reduces Stock Position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Wellspring Financial Advisors LLC cut its stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 17.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 19,823 shares of the company’s stock after selling 4,244 shares during the period. Wellspring Financial Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $1,803,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Cerity Partners LLC grew its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.7% in the fourth quarter. Cerity Partners LLC now owns 508,371 shares of the company’s stock worth $46,226,000 after acquiring an additional 13,322 shares during the period. Smith Moore & CO. grew its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 9.0% during the 4th quarter. Smith Moore & CO. now owns 2,423 shares of the company’s stock valued at $220,000 after purchasing an additional 200 shares during the period. Guidance Point Advisors LLC grew its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 0.4% during the 4th quarter. Guidance Point Advisors LLC now owns 62,181 shares of the company’s stock valued at $5,654,000 after purchasing an additional 257 shares during the period. World Investment Advisors increased its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 1,438.5% during the 4th quarter. World Investment Advisors now owns 414,157 shares of the company’s stock valued at $37,659,000 after purchasing an additional 387,238 shares during the last quarter. Finally, Perritt Capital Management Inc lifted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.8% in the 4th quarter. Perritt Capital Management Inc now owns 4,421 shares of the company’s stock worth $402,000 after purchasing an additional 201 shares during the period.

iShares S&P Mid-Cap 400 Growth ETF Trading Down 5.1 %

Shares of NYSEARCA IJK opened at $75.77 on Monday. iShares S&P Mid-Cap 400 Growth ETF has a 12-month low of $74.09 and a 12-month high of $100.01. The firm has a market capitalization of $7.69 billion, a price-to-earnings ratio of 20.75 and a beta of 1.12. The firm has a 50 day moving average of $88.42 and a 200 day moving average of $91.93.

iShares S&P Mid-Cap 400 Growth ETF Company 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.