Smith Chas P & Associates PA Cpas Trims Stock Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

Smith Chas P & Associates PA Cpas lessened its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 15.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,592 shares of the company’s stock after selling 5,835 shares during the quarter. Smith Chas P & Associates PA Cpas’ holdings in iShares S&P Mid-Cap 400 Value ETF were worth $4,098,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in IJJ. Balance Wealth LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter valued at about $32,584,000. World Investment Advisors raised its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 4,526.6% in the 3rd quarter. World Investment Advisors now owns 215,044 shares of the company’s stock valued at $27,896,000 after acquiring an additional 210,396 shares during the period. Laurel Wealth Advisors LLC lifted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 12,258.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 179,686 shares of the company’s stock worth $22,206,000 after acquiring an additional 178,232 shares during the last quarter. Vestmark Advisory Solutions Inc. acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter worth approximately $17,072,000. Finally, Envestnet Asset Management Inc. boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 4.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,968,545 shares of the company’s stock worth $255,360,000 after purchasing an additional 80,204 shares during the period. 66.95% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P Mid-Cap 400 Value ETF Stock Down 1.3%

Shares of NYSEARCA IJJ opened at $138.74 on Wednesday. The business’s 50 day moving average is $138.46 and its two-hundred day moving average is $132.95. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $102.24 and a 52-week high of $144.76. The firm has a market cap of $8.39 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05.

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