Comerica Bank Has $14.66 Million Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

Comerica Bank reduced its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 7.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 151,345 shares of the company’s stock after selling 12,663 shares during the period. Comerica Bank owned about 0.16% of iShares S&P Mid-Cap 400 Growth ETF worth $14,662,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC bought a new position in iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at about $28,000. National Bank of Canada FI bought a new position in iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at about $29,000. Rossmore Private Capital bought a new position in iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at about $35,000. Qube Research & Technologies Ltd lifted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 123.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 398 shares of the company’s stock valued at $36,000 after purchasing an additional 220 shares during the last quarter. Finally, Capital Investment Counsel Inc bought a new position in iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at about $40,000. 67.99% of the stock is owned by institutional investors.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 1.5%

Shares of IJK stock opened at $107.64 on Wednesday. iShares S&P Mid-Cap 400 Growth ETF has a 12-month low of $80.94 and a 12-month high of $111.58. The company has a market capitalization of $10.44 billion, a P/E ratio of 22.45 and a beta of 1.07. The firm has a 50-day moving average price of $104.39 and a 200 day moving average price of $100.66.

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