iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Shares Sold by Cranbrook Wealth Management LLC

Cranbrook Wealth Management LLC reduced its holdings in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 2.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 43,467 shares of the company’s stock after selling 997 shares during the period. iShares S&P Mid-Cap 400 Growth ETF comprises 0.9% of Cranbrook Wealth Management LLC’s holdings, making the stock its 27th largest position. Cranbrook Wealth Management LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $3,830,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at approximately $29,000. Creekmur Asset Management LLC purchased a new position in iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth approximately $33,000. Burkett Financial Services LLC purchased a new position in iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter valued at $37,000. Atwood & Palmer Inc. purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF during the second quarter worth approximately $43,000. Finally, Rothschild Investment LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 2nd quarter worth $44,000.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 0.7 %

Shares of IJK stock opened at $90.20 on Tuesday. The stock has a 50 day simple moving average of $89.20 and a 200-day simple moving average of $88.76. The company has a market cap of $9.69 billion, a price-to-earnings ratio of 18.52 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a 12-month low of $67.63 and a 12-month high of $93.56.

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.