iShares S&P Mid-Cap 400 Value ETF $IJJ Shares Sold by MV Capital Management Inc.

MV Capital Management Inc. trimmed its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 16.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,027 shares of the company’s stock after selling 806 shares during the quarter. MV Capital Management Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $498,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IJJ. Avantax Advisory Services Inc. raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 7.1% in the 1st quarter. Avantax Advisory Services Inc. now owns 21,869 shares of the company’s stock valued at $2,618,000 after buying an additional 1,451 shares during the period. Neumann Capital Management LLC lifted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 1.4% during the second quarter. Neumann Capital Management LLC now owns 27,110 shares of the company’s stock worth $3,350,000 after purchasing an additional 380 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 17.0% in the second quarter. Bank of New York Mellon Corp now owns 479,986 shares of the company’s stock valued at $59,317,000 after purchasing an additional 69,696 shares during the period. Brookstone Capital Management increased its stake in iShares S&P Mid-Cap 400 Value ETF by 6.2% during the 2nd quarter. Brookstone Capital Management now owns 2,279 shares of the company’s stock worth $282,000 after buying an additional 133 shares during the period. Finally, Advisors Capital Management LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 1st quarter worth approximately $313,000. Institutional investors and hedge funds own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Stock Performance

IJJ stock opened at $129.66 on Thursday. The company’s 50 day moving average price is $129.60 and its 200 day moving average price is $125.74. The firm has a market capitalization of $7.86 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $102.24 and a fifty-two week high of $136.42.

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.