Northwestern Mutual Wealth Management Co. Sells 52,335 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK

Northwestern Mutual Wealth Management Co. lessened its position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 4.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,085,736 shares of the company’s stock after selling 52,335 shares during the period. Northwestern Mutual Wealth Management Co. owned about 1.17% of iShares S&P Mid-Cap 400 Growth ETF worth $105,186,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of IJK. Brighton Jones LLC boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 21.5% during the 4th quarter. Brighton Jones LLC now owns 7,269 shares of the company’s stock worth $661,000 after buying an additional 1,285 shares during the period. AQR Capital Management LLC boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 242.9% during the 1st quarter. AQR Capital Management LLC now owns 11,075 shares of the company’s stock worth $922,000 after buying an additional 7,845 shares during the period. Qube Research & Technologies Ltd boosted its holdings in shares of 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 worth $36,000 after buying an additional 220 shares during the period. Glenview Trust co boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 8.0% during the 2nd quarter. Glenview Trust co now owns 7,537 shares of the company’s stock worth $686,000 after buying an additional 557 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 2nd quarter worth about $918,000. 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 $114.07 on Friday. The company has a market capitalization of $11.08 billion, a price-to-earnings ratio of 22.45 and a beta of 1.06. The company has a 50-day simple moving average of $107.49 and a 200 day simple moving average of $102.93. iShares S&P Mid-Cap 400 Growth ETF has a 52 week low of $86.76 and a 52 week high of $114.71.

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