iShares S&P Mid-Cap 400 Value ETF $IJJ Stock Position Reduced by M&T Bank Corp

M&T Bank Corp cut its stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 14.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 49,323 shares of the company’s stock after selling 8,281 shares during the period. M&T Bank Corp’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $6,490,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 6.9% in the fourth quarter. Assetmark Inc. now owns 1,184 shares of the company’s stock valued at $156,000 after acquiring an additional 76 shares during the last quarter. Partners Wealth Management LLC lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 2.1% in the third quarter. Partners Wealth Management LLC now owns 4,294 shares of the company’s stock valued at $557,000 after acquiring an additional 89 shares during the last quarter. Exencial Wealth Advisors LLC lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 4.0% in the fourth quarter. Exencial Wealth Advisors LLC now owns 2,337 shares of the company’s stock valued at $308,000 after acquiring an additional 89 shares during the last quarter. PBMares Wealth Management LLC lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 3.4% in the third quarter. PBMares Wealth Management LLC now owns 2,753 shares of the company’s stock valued at $357,000 after acquiring an additional 90 shares during the last quarter. Finally, Lodestar Private Asset Management LLC lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 1.8% in the third quarter. Lodestar Private Asset Management LLC now owns 5,130 shares of the company’s stock valued at $665,000 after acquiring an additional 90 shares during 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 1.0%

NYSEARCA IJJ opened at $141.78 on Wednesday. The stock has a market capitalization of $8.48 billion, a PE ratio of 16.13 and a beta of 0.98. The company has a 50 day moving average price of $136.35 and a two-hundred day moving average price of $134.72. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $115.58 and a 12-month high of $144.76.

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.