Wealthspire Advisors LLC Lowers Stock Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

Wealthspire Advisors LLC reduced its stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 47.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 140,040 shares of the company’s stock after selling 125,472 shares during the period. Wealthspire Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $18,428,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 498.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,754,991 shares of the company’s stock valued at $494,119,000 after buying an additional 3,127,303 shares in the last quarter. Bank of America Corp DE lifted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 0.8% during the 2nd quarter. Bank of America Corp DE now owns 2,392,099 shares of the company’s stock valued at $295,616,000 after buying an additional 19,672 shares in the last quarter. UBS Group AG lifted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 5.4% during the 3rd quarter. UBS Group AG now owns 2,154,324 shares of the company’s stock valued at $279,459,000 after buying an additional 110,590 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 1.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,340,643 shares of the company’s stock valued at $176,415,000 after buying an additional 22,215 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 4.4% during the 4th quarter. D.A. Davidson & CO. now owns 1,053,108 shares of the company’s stock valued at $138,579,000 after buying an additional 44,836 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 Stock Up 0.9%

IJJ stock opened at $146.78 on Friday. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $120.03 and a twelve month high of $147.35. The stock has a market cap of $8.78 billion, a P/E ratio of 16.13 and a beta of 0.96. The business’s 50-day moving average price is $140.50 and its 200-day moving average price is $137.32.

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.