Private Management Group Inc. Purchases 86 Shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Private Management Group Inc. boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 3.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,408 shares of the company’s stock after buying an additional 86 shares during the period. Private Management Group Inc.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $528,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IJK. Sawtooth Solutions LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 251.0% in the first quarter. Sawtooth Solutions LLC now owns 8,926 shares of the company’s stock valued at $1,956,000 after purchasing an additional 6,383 shares during the last quarter. Somerset Group LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.0% in the first quarter. Somerset Group LLC now owns 5,952 shares of the company’s stock valued at $1,304,000 after purchasing an additional 116 shares during the last quarter. Barrett Asset Management LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 7.0% in the first quarter. Barrett Asset Management LLC now owns 15,012 shares of the company’s stock valued at $3,289,000 after purchasing an additional 977 shares during the last quarter. Lido Advisors LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 24.4% in the first quarter. Lido Advisors LLC now owns 20,831 shares of the company’s stock valued at $4,564,000 after purchasing an additional 4,084 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 344,764 shares of the company’s stock valued at $75,538,000 after purchasing an additional 3,566 shares during the last quarter.

Shares of IJK stock traded up $2.61 on Friday, hitting $226.27. The stock had a trading volume of 62,594 shares, compared to its average volume of 105,546. The company’s 50 day moving average is $219.95. iShares S&P Mid-Cap 400 Growth ETF has a 12-month low of $179.75 and a 12-month high of $238.39.

The company also recently announced a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Tuesday, June 18th were issued a $0.6004 dividend. The ex-dividend date was Monday, June 17th. This represents a $2.40 annualized dividend and a dividend yield of 1.06%. This is an increase from iShares S&P Mid-Cap 400 Growth ETF’s previous quarterly dividend of $0.60.

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.

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Institutional Ownership by Quarter for iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

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