Tritonpoint Wealth LLC Has $4.71 Million Stock Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

Tritonpoint Wealth LLC trimmed its position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 0.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,769 shares of the company’s stock after selling 333 shares during the quarter. Tritonpoint Wealth LLC owned approximately 0.05% of iShares S&P Mid-Cap 400 Growth ETF worth $4,710,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Abound Wealth Management boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 260.6% in the first quarter. Abound Wealth Management now owns 339 shares of the company’s stock worth $28,000 after buying an additional 245 shares during the period. Garde Capital Inc. acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the first quarter worth about $31,000. Financial Connections Group Inc. boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 57.5% in the first quarter. Financial Connections Group Inc. now owns 378 shares of the company’s stock worth $31,000 after buying an additional 138 shares during the period. IMA Advisory Services Inc. acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the first quarter worth about $34,000. Finally, Smartleaf Asset Management LLC lifted its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 60.5% in the first quarter. Smartleaf Asset Management LLC now owns 491 shares of the company’s stock worth $41,000 after purchasing an additional 185 shares in the last quarter. 67.99% of the stock is currently owned by institutional investors and hedge funds.

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

IJK stock opened at $96.00 on Friday. The stock has a market cap of $9.22 billion, a P/E ratio of 22.45 and a beta of 1.08. The firm has a 50 day simple moving average of $94.63 and a 200 day simple moving average of $89.19. iShares S&P Mid-Cap 400 Growth ETF has a 52 week low of $71.69 and a 52 week high of $100.01.

iShares S&P Mid-Cap 400 Growth ETF 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.