Bessemer Group Inc. Sells 9,400 Shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Bessemer Group Inc. trimmed its position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 31.0% during the first quarter, HoldingsChannel.com reports. The firm owned 20,890 shares of the company’s stock after selling 9,400 shares during the quarter. Bessemer Group Inc.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $1,906,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Mark Sheptoff Financial Planning LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at about $29,000. Partnership Wealth Management LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter valued at $31,000. Creekmur Asset Management LLC acquired a new position in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth $33,000. Burkett Financial Services LLC bought a new stake in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth $37,000. Finally, Johnson Financial Group Inc. lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 303.6% in the fourth quarter. Johnson Financial Group Inc. now owns 565 shares of the company’s stock valued at $45,000 after acquiring an additional 425 shares during the last quarter.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 1.5 %

Shares of iShares S&P Mid-Cap 400 Growth ETF stock traded up $1.36 during trading on Thursday, hitting $90.52. 41,320 shares of the stock were exchanged, compared to its average volume of 346,897. The company has a fifty day moving average price of $88.92 and a 200-day moving average price of $86.63. The stock has a market capitalization of $9.73 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 1-year low of $67.63 and a 1-year 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.