M&T Bank Corp Reduces Position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

M&T Bank Corp decreased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 0.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 62,118 shares of the company’s stock after selling 183 shares during the quarter. M&T Bank Corp’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $5,648,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Capital Performance Advisors LLP purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the third quarter valued at about $26,000. RPg Family Wealth Advisory LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the third quarter valued at about $28,000. Ashton Thomas Securities LLC grew its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 1,229.2% in the third quarter. Ashton Thomas Securities LLC now owns 319 shares of the company’s stock valued at $29,000 after purchasing an additional 295 shares during the period. Stonebridge Financial Group LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter valued at about $31,000. Finally, Palouse Capital Management Inc. purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter valued at about $33,000.

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

NYSEARCA IJK opened at $85.38 on Friday. The firm’s 50-day moving average is $92.32 and its two-hundred day moving average is $92.72. iShares S&P Mid-Cap 400 Growth ETF has a 12 month low of $82.82 and a 12 month high of $100.01. The stock has a market capitalization of $8.71 billion, a P/E ratio of 20.22 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.