Salomon & Ludwin LLC Lowers Stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Salomon & Ludwin LLC lowered its position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 9.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 211,724 shares of the company’s stock after selling 21,695 shares during the quarter. iShares S&P Mid-Cap 400 Growth ETF accounts for about 2.0% of Salomon & Ludwin LLC’s investment portfolio, making the stock its 17th largest position. Salomon & Ludwin LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $19,464,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Kimelman & Baird LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the second quarter valued at approximately $31,000. Syntrinsic LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the third quarter valued at approximately $38,000. Atwood & Palmer Inc. bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the second quarter valued at approximately $43,000. Rothschild Investment LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the second quarter valued at approximately $44,000. Finally, Transcendent Capital Group LLC raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 262.6% during the second quarter. Transcendent Capital Group LLC now owns 533 shares of the company’s stock valued at $47,000 after buying an additional 386 shares during the last quarter.

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

iShares S&P Mid-Cap 400 Growth ETF stock opened at $91.16 on Monday. The stock has a market cap of $9.80 billion, a P/E 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 $94.26. The firm’s 50 day moving average price is $90.91 and its 200-day moving average price is $89.31.

iShares S&P Mid-Cap 400 Growth ETF 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.