Mechanics Financial Corp Sells 90 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ

Mechanics Financial Corp lowered its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 8.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,008 shares of the company’s stock after selling 90 shares during the quarter. Mechanics Financial Corp’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $125,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Avantax Advisory Services Inc. increased its stake in iShares S&P Mid-Cap 400 Value ETF by 7.1% in the first quarter. Avantax Advisory Services Inc. now owns 21,869 shares of the company’s stock valued at $2,618,000 after acquiring an additional 1,451 shares during the period. Neumann Capital Management LLC boosted its position in iShares S&P Mid-Cap 400 Value ETF by 1.4% in the second quarter. Neumann Capital Management LLC now owns 27,110 shares of the company’s stock valued at $3,350,000 after buying an additional 380 shares in the last quarter. CX Institutional acquired a new position in iShares S&P Mid-Cap 400 Value ETF in the first quarter valued at about $27,000. Advisors Capital Management LLC acquired a new position in iShares S&P Mid-Cap 400 Value ETF in the first quarter valued at about $313,000. Finally, Kingswood Wealth Advisors LLC boosted its position in iShares S&P Mid-Cap 400 Value ETF by 40.7% in the first quarter. Kingswood Wealth Advisors LLC now owns 2,404 shares of the company’s stock valued at $288,000 after buying an additional 695 shares in the last quarter. Institutional investors own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Stock Up 0.1%

NYSEARCA:IJJ opened at $130.47 on Friday. The firm has a market cap of $8.09 billion, a PE ratio of 16.13 and a beta of 1.17. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $102.24 and a 12 month high of $136.42. The company’s 50-day moving average price is $128.52 and its two-hundred day moving average price is $122.66.

iShares S&P Mid-Cap 400 Value ETF Company 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.