Truist Financial Corp Cuts Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

Truist Financial Corp lowered its position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 2.9% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 406,954 shares of the company’s stock after selling 12,313 shares during the quarter. Truist Financial Corp owned about 0.43% of iShares S&P Mid-Cap 400 Growth ETF worth $39,023,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE grew its stake in iShares S&P Mid-Cap 400 Growth ETF by 3.6% during the second quarter. Bank of America Corp DE now owns 3,797,381 shares of the company’s stock worth $345,486,000 after buying an additional 130,606 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,757,549 shares of the company’s stock valued at $159,902,000 after acquiring an additional 39,821 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in iShares S&P Mid-Cap 400 Growth ETF by 5.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,215,536 shares of the company’s stock worth $110,590,000 after purchasing an additional 65,914 shares during the period. D.A. Davidson & CO. increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 4.7% in the 3rd quarter. D.A. Davidson & CO. now owns 1,149,366 shares of the company’s stock valued at $110,213,000 after purchasing an additional 52,051 shares in the last quarter. Finally, Laurel Wealth Advisors LLC raised its position in iShares S&P Mid-Cap 400 Growth ETF by 8,758.0% in the second quarter. Laurel Wealth Advisors LLC now owns 1,007,335 shares of the company’s stock valued at $91,647,000 after purchasing an additional 995,963 shares during the period. Hedge funds and other institutional investors own 67.99% of the company’s stock.

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

Shares of IJK opened at $102.10 on Friday. iShares S&P Mid-Cap 400 Growth ETF has a 12 month low of $71.69 and a 12 month high of $104.71. The stock’s 50-day moving average is $99.30 and its two-hundred day moving average is $96.40. The stock has a market cap of $9.52 billion, a PE ratio of 22.45 and a beta of 1.08.

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.