iShares S&P Mid-Cap 400 Value ETF $IJJ Stock Position Decreased by Midland Wealth Advisors LLC

Midland Wealth Advisors LLC trimmed its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 44.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 335,729 shares of the company’s stock after selling 263,489 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF makes up about 2.3% of Midland Wealth Advisors LLC’s investment portfolio, making the stock its 14th largest holding. Midland Wealth Advisors LLC owned approximately 0.55% of iShares S&P Mid-Cap 400 Value ETF worth $43,551,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IJJ. Caprock Group LLC bought a new stake in iShares S&P Mid-Cap 400 Value ETF during the third quarter worth approximately $1,804,000. Balance Wealth LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the third quarter valued at approximately $32,584,000. Axis Wealth Partners LLC lifted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 32.9% in the third quarter. Axis Wealth Partners LLC now owns 15,411 shares of the company’s stock worth $1,999,000 after buying an additional 3,813 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 17.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 479,986 shares of the company’s stock worth $59,317,000 after buying an additional 69,696 shares during the period. Finally, Brookstone Capital Management grew its stake in iShares S&P Mid-Cap 400 Value ETF by 6.2% in the 2nd quarter. Brookstone Capital Management now owns 2,279 shares of the company’s stock valued at $282,000 after buying an additional 133 shares during the last quarter. Institutional investors and hedge funds own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Price Performance

iShares S&P Mid-Cap 400 Value ETF stock opened at $142.03 on Friday. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $102.24 and a fifty-two week high of $144.76. The firm has a fifty day moving average price of $137.29 and a two-hundred day moving average price of $131.98. The firm has a market cap of $8.59 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05.

iShares S&P Mid-Cap 400 Value ETF 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.