iShares S&P Mid-Cap 400 Value ETF $IJJ Shares Sold by Texas Capital Bank Wealth Management Services Inc

Texas Capital Bank Wealth Management Services Inc cut its stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 40.2% during the third quarter, Holdings Channel reports. The firm owned 9,844 shares of the company’s stock after selling 6,629 shares during the quarter. Texas Capital Bank Wealth Management Services Inc’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,277,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Caitlin John LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter valued at $28,000. Hantz Financial Services Inc. raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 776.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 219 shares of the company’s stock worth $28,000 after buying an additional 194 shares during the period. Total Investment Management Inc. acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 2nd quarter worth about $29,000. Absher Wealth Management LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at about $36,000. Finally, CX Institutional lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 58.5% during the third quarter. CX Institutional now owns 363 shares of the company’s stock valued at $47,000 after buying an additional 134 shares in the last quarter. 66.95% of the stock is owned by hedge funds and other institutional investors.

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

Shares of IJJ opened at $130.77 on Friday. iShares S&P Mid-Cap 400 Value ETF has a one year low of $102.24 and a one year high of $144.76. The company has a 50-day moving average of $138.63 and a two-hundred day moving average of $133.21. The stock has a market cap of $7.91 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.