iShares S&P Mid-Cap 400 Growth ETF (IJK) Stake Lessened by Dorsey Wright & Associates

Dorsey Wright & Associates cut its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 8.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,123 shares of the company’s stock after selling 1,881 shares during the period. Dorsey Wright & Associates owned 0.06% of iShares S&P Mid-Cap 400 Growth ETF worth $4,920,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Cornerstone Wealth Management LLC increased its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 22,486.2% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 449,918 shares of the company’s stock valued at $1,999,000 after acquiring an additional 447,926 shares during the period. First Command Financial Services Inc. acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 2nd quarter valued at $55,183,000. Bank of Montreal Can acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 2nd quarter valued at $47,589,000. Sandler Capital Management acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 2nd quarter valued at $29,221,000. Finally, Mainstay Capital Management LLC ADV increased its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 15,917.1% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 61,025 shares of the company’s stock valued at $296,000 after acquiring an additional 60,644 shares during the period.

NYSEARCA IJK opened at $213.74 on Friday. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $204.16 and a 1 year high of $238.39.

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 2nd. Investors of record on Thursday, September 27th were given a $0.6725 dividend. This represents a $2.69 annualized dividend and a dividend yield of 1.26%. This is an increase from iShares S&P Mid-Cap 400 Growth ETF’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend was Wednesday, September 26th.

iShares S&P Mid-Cap 400 Growth ETF Company 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.

Further Reading: How Do You Calculate Return on Investment (ROI)?

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

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