Pinnacle Bancorp Inc. Sells 228 Shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Pinnacle Bancorp Inc. cut its holdings in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 15.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,292 shares of the company’s stock after selling 228 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $118,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Bear Mountain Capital Inc. purchased a new position in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth $108,000. Envestnet Portfolio Solutions Inc. boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 25.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 86,084 shares of the company’s stock worth $6,820,000 after buying an additional 17,717 shares during the period. Columbia Trust Co 01012016 boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 142.3% during the fourth quarter. Columbia Trust Co 01012016 now owns 15,175 shares of the company’s stock worth $1,202,000 after buying an additional 8,913 shares during the period. Great Valley Advisor Group Inc. purchased a new position in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth $209,000. Finally, UBS Group AG boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 2.4% during the fourth quarter. UBS Group AG now owns 2,074,931 shares of the company’s stock worth $164,376,000 after buying an additional 48,697 shares during the period.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 0.1 %

NYSEARCA IJK opened at $88.08 on Friday. The company has a fifty day moving average of $88.46 and a two-hundred day moving average of $85.22. The firm has a market capitalization of $9.46 billion, a price-to-earnings ratio of 18.52 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a 52 week low of $67.63 and a 52 week high of $91.74.

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.