iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Stake Decreased by Traynor Capital Management Inc.

Traynor Capital Management Inc. trimmed its holdings in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 8.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,759 shares of the company’s stock after selling 268 shares during the quarter. Traynor Capital Management Inc.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $254,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IJK. Sterling Financial Planning Inc. grew its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 0.6% in the second quarter. Sterling Financial Planning Inc. now owns 159,757 shares of the company’s stock worth $14,076,000 after purchasing an additional 1,022 shares in the last quarter. Blair William & Co. IL grew its position in iShares S&P Mid-Cap 400 Growth ETF by 0.6% in the 1st quarter. Blair William & Co. IL now owns 31,081 shares of the company’s stock valued at $2,836,000 after buying an additional 176 shares in the last quarter. Griffin Asset Management Inc. increased its stake in iShares S&P Mid-Cap 400 Growth ETF by 2.3% during the 3rd quarter. Griffin Asset Management Inc. now owns 9,089 shares of the company’s stock valued at $836,000 after buying an additional 207 shares during the period. Brookstone Capital Management raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 392.6% during the 2nd quarter. Brookstone Capital Management now owns 13,562 shares of the company’s stock worth $1,240,000 after buying an additional 10,809 shares in the last quarter. Finally, Rothschild Investment LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 2nd quarter worth about $44,000.

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

iShares S&P Mid-Cap 400 Growth ETF stock opened at $92.13 on Wednesday. iShares S&P Mid-Cap 400 Growth ETF has a 12-month low of $67.63 and a 12-month high of $94.26. The stock has a market capitalization of $9.90 billion, a PE ratio of 18.52 and a beta of 1.08. The firm has a 50 day simple moving average of $91.01 and a 200-day simple moving average of $89.37.

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.