Goelzer Investment Management Inc. Sells 4,674 Shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Goelzer Investment Management Inc. decreased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 6.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 72,067 shares of the company’s stock after selling 4,674 shares during the period. Goelzer Investment Management Inc.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $6,625,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Kimelman & Baird LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 2nd quarter worth about $31,000. Creekmur Asset Management LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth approximately $33,000. Atwood & Palmer Inc. acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the second quarter valued at approximately $43,000. Rothschild Investment LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the second quarter valued at approximately $44,000. Finally, Transcendent Capital Group LLC increased its stake 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 worth $47,000 after purchasing an additional 386 shares during the period.

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

IJK traded up $0.80 during trading on Friday, hitting $92.00. The stock had a trading volume of 317,748 shares, compared to its average volume of 376,102. The company has a 50 day moving average price of $89.56 and a 200-day moving average price of $89.08. 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 firm has a market cap of $9.89 billion, a price-to-earnings ratio of 18.52 and a beta of 1.08.

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.