Franklin Resources Inc. Trims Stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Franklin Resources Inc. trimmed its position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 7.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,663 shares of the company’s stock after selling 1,701 shares during the period. Franklin Resources Inc.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $2,030,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IJK. Capital Performance Advisors LLP bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the third quarter valued at approximately $26,000. RPg Family Wealth Advisory LLC bought a new position in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at $28,000. Ashton Thomas Securities LLC increased its stake in 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 worth $29,000 after purchasing an additional 295 shares during the period. Kimelman & Baird LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the second quarter worth $31,000. Finally, Syntrinsic LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth $38,000.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 0.5 %

NYSEARCA IJK opened at $92.82 on Friday. The stock has a market cap of $9.97 billion, a PE ratio of 18.52 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a 12 month low of $76.48 and a 12 month high of $100.01. The company’s 50-day moving average price is $94.90 and its 200-day moving average price is $91.44.

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.