Outlook Wealth Advisors LLC Decreases Stock Holdings in iShares S&P Mid-Cap 400 Growth ETF $IJK

Outlook Wealth Advisors LLC lowered its position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 9.3% during the second quarter, Holdings Channel reports. The institutional investor owned 8,064 shares of the company’s stock after selling 824 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $734,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Janney Montgomery Scott LLC lifted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 48,621 shares of the company’s stock valued at $4,424,000 after purchasing an additional 669 shares during the last quarter. Focus Financial Network Inc. increased its position in iShares S&P Mid-Cap 400 Growth ETF by 3.5% during the 2nd quarter. Focus Financial Network Inc. now owns 6,917 shares of the company’s stock valued at $629,000 after buying an additional 237 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in iShares S&P Mid-Cap 400 Growth ETF by 27.7% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 3,927 shares of the company’s stock valued at $360,000 after buying an additional 851 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in iShares S&P Mid-Cap 400 Growth ETF by 23.1% in the second quarter. Sequoia Financial Advisors LLC now owns 4,190 shares of the company’s stock valued at $381,000 after buying an additional 787 shares during the last quarter. Finally, Alpha Cubed Investments LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the second quarter valued at about $278,000. Institutional investors own 67.99% of the company’s stock.

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

Shares of IJK stock opened at $92.89 on Wednesday. iShares S&P Mid-Cap 400 Growth ETF has a fifty-two week low of $71.69 and a fifty-two week high of $100.01. The firm has a market capitalization of $8.76 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08. The stock’s 50-day simple moving average is $95.84 and its 200-day simple moving average is $92.97.

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.