Cranbrook Wealth Management LLC Trims Position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Cranbrook Wealth Management LLC trimmed its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 31,558 shares of the company’s stock after selling 588 shares during the period. iShares S&P Mid-Cap 400 Value ETF comprises approximately 0.9% of Cranbrook Wealth Management LLC’s holdings, making the stock its 27th biggest holding. Cranbrook Wealth Management LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $3,943,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. KMG Fiduciary Partners LLC increased its holdings in iShares S&P Mid-Cap 400 Value ETF by 1.8% during the 4th quarter. KMG Fiduciary Partners LLC now owns 8,461 shares of the company’s stock worth $1,057,000 after acquiring an additional 146 shares during the period. Omega Financial Group LLC grew its position in shares of iShares S&P Mid-Cap 400 Value ETF by 2.1% during the 4th quarter. Omega Financial Group LLC now owns 80,504 shares of the company’s stock valued at $10,060,000 after purchasing an additional 1,638 shares in the last quarter. Founders Grove Wealth Partners LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth $1,851,000. Fiduciary Financial Group LLC raised its position in shares of iShares S&P Mid-Cap 400 Value ETF by 2.9% in the fourth quarter. Fiduciary Financial Group LLC now owns 3,430 shares of the company’s stock worth $423,000 after buying an additional 98 shares in the last quarter. Finally, Breakwater Capital Group boosted its stake in iShares S&P Mid-Cap 400 Value ETF by 0.9% during the fourth quarter. Breakwater Capital Group now owns 16,123 shares of the company’s stock valued at $2,015,000 after buying an additional 137 shares during the period.

iShares S&P Mid-Cap 400 Value ETF Stock Up 0.4 %

iShares S&P Mid-Cap 400 Value ETF stock opened at $129.15 on Friday. The stock has a market cap of $8.35 billion, a price-to-earnings ratio of 14.35 and a beta of 1.08. The business has a 50-day simple moving average of $128.86 and a 200 day simple moving average of $123.60. iShares S&P Mid-Cap 400 Value ETF has a 52 week low of $108.67 and a 52 week high of $136.42.

About iShares S&P Mid-Cap 400 Value ETF

iShares S&P Mid-Cap 400 Value ETF, formerly iShares S&P MidCap 400 Value 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 Value Index (the Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics.