Truist Financial Corp Lowers Stake in iShares S&P Mid-Cap 400 Value ETF $IJJ

Truist Financial Corp lessened its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 228,641 shares of the company’s stock after selling 4,031 shares during the period. Truist Financial Corp owned 0.38% of iShares S&P Mid-Cap 400 Value ETF worth $29,659,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Quaker Wealth Management LLC increased its position in shares of iShares S&P Mid-Cap 400 Value ETF by 200.5% during the second quarter. Quaker Wealth Management LLC now owns 217 shares of the company’s stock worth $27,000 after acquiring an additional 433 shares during the period. Total Investment Management Inc. bought a new position in iShares S&P Mid-Cap 400 Value ETF in the second quarter worth approximately $29,000. Absher Wealth Management LLC purchased a new position in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth $36,000. CX Institutional raised its position in iShares S&P Mid-Cap 400 Value ETF by 58.5% during the 3rd quarter. CX Institutional now owns 363 shares of the company’s stock valued at $47,000 after purchasing an additional 134 shares in the last quarter. Finally, Quent Capital LLC bought a new stake in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter valued at $52,000. Institutional investors own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Trading Up 0.5%

IJJ opened at $137.54 on Friday. The company has a market capitalization of $8.31 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $102.24 and a 12-month high of $140.90. The business’s fifty day simple moving average is $134.37 and its 200-day simple moving average is $130.43.

iShares S&P Mid-Cap 400 Value ETF Company Profile

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.