Summit Investment Advisors Inc. Sells 400 Shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Summit Investment Advisors Inc. decreased its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 4.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,725 shares of the company’s stock after selling 400 shares during the quarter. Summit Investment Advisors Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $965,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Wells Fargo & Company MN lifted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 1.4% in the fourth quarter. Wells Fargo & Company MN now owns 3,577,174 shares of the company’s stock worth $447,004,000 after buying an additional 49,939 shares in the last quarter. FMR LLC increased its holdings in iShares S&P Mid-Cap 400 Value ETF by 4.4% in the 4th quarter. FMR LLC now owns 3,366,491 shares of the company’s stock valued at $420,677,000 after acquiring an additional 143,077 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares S&P Mid-Cap 400 Value ETF by 3.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,862,735 shares of the company’s stock valued at $232,767,000 after acquiring an additional 67,236 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 3.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,407,669 shares of the company’s stock worth $175,902,000 after purchasing an additional 48,130 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 1.8% during the 4th quarter. D.A. Davidson & CO. now owns 897,864 shares of the company’s stock valued at $112,197,000 after purchasing an additional 15,739 shares during the last quarter.

iShares S&P Mid-Cap 400 Value ETF Stock Up 1.0 %

Shares of iShares S&P Mid-Cap 400 Value ETF stock opened at $110.98 on Friday. The firm has a market cap of $7.08 billion, a price-to-earnings ratio of 14.39 and a beta of 1.06. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $102.24 and a twelve month high of $136.42. The business has a 50-day moving average price of $119.52 and a 200-day moving average price of $124.92.

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.