PNC Financial Services Group Inc. Sells 6,558 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK

PNC Financial Services Group Inc. trimmed its stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 0.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,940,044 shares of the company’s stock after selling 6,558 shares during the quarter. PNC Financial Services Group Inc. owned approximately 2.08% of iShares S&P Mid-Cap 400 Growth ETF worth $187,951,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Pacific Sun Financial Corp boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.5% in the 4th quarter. Pacific Sun Financial Corp now owns 6,762 shares of the company’s stock valued at $655,000 after buying an additional 100 shares during the last quarter. Mine & Arao Wealth Creation & Management LLC. increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 1.8% during the fourth quarter. Mine & Arao Wealth Creation & Management LLC. now owns 6,179 shares of the company’s stock worth $599,000 after buying an additional 109 shares during the last quarter. Alliancebernstein L.P. increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 0.5% during the third quarter. Alliancebernstein L.P. now owns 23,436 shares of the company’s stock worth $2,247,000 after buying an additional 112 shares during the last quarter. Arkadios Wealth Advisors raised its position in iShares S&P Mid-Cap 400 Growth ETF by 1.9% during the third quarter. Arkadios Wealth Advisors now owns 7,583 shares of the company’s stock worth $727,000 after acquiring an additional 141 shares in the last quarter. Finally, Legacy Bridge LLC lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 7.5% in the fourth quarter. Legacy Bridge LLC now owns 2,047 shares of the company’s stock valued at $198,000 after acquiring an additional 143 shares during the last quarter. Institutional investors and hedge funds own 67.99% of the company’s stock.

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

Shares of IJK opened at $110.60 on Thursday. The firm has a 50-day moving average of $105.89 and a 200-day moving average of $102.14. iShares S&P Mid-Cap 400 Growth ETF has a one year low of $86.20 and a one year high of $114.71. The company has a market cap of $10.74 billion, a PE ratio of 22.45 and a beta of 1.06.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.