Sigma Investment Counselors Inc. Decreases Stock Position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Sigma Investment Counselors Inc. trimmed its position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 9.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,153 shares of the company’s stock after selling 662 shares during the period. Sigma Investment Counselors Inc.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $542,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have 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 during the fourth quarter worth about $29,000. Partnership Wealth Management LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth approximately $31,000. Creekmur Asset Management LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at approximately $33,000. Burkett Financial Services LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at approximately $37,000. Finally, Atwood & Palmer Inc. acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the second quarter worth approximately $43,000.

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

Shares of NYSEARCA:IJK traded up $1.89 during midday trading on Friday, reaching $91.77. The company had a trading volume of 170,442 shares, compared to its average volume of 348,617. iShares S&P Mid-Cap 400 Growth ETF has a one year low of $67.63 and a one year high of $93.56. The stock has a market capitalization of $9.86 billion, a P/E ratio of 18.52 and a beta of 1.08. The stock’s fifty day moving average price is $88.87 and its 200-day moving average price is $88.13.

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.