Ramiah Investment Group cut its stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ – Free Report) by 68.4% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,645 shares of the company’s stock after selling 16,556 shares during the period. iShares S&P Mid-Cap 400 Value ETF comprises approximately 0.9% of Ramiah Investment Group’s holdings, making the stock its 19th largest position. Ramiah Investment Group’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,013,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Concurrent Investment Advisors LLC increased its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 70.6% in the fourth quarter. Concurrent Investment Advisors LLC now owns 18,184 shares of the company’s stock valued at $2,393,000 after purchasing an additional 7,524 shares in the last quarter. Novak & Powell Financial Services Inc. lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 131.3% during the 3rd quarter. Novak & Powell Financial Services Inc. now owns 13,429 shares of the company’s stock worth $1,742,000 after buying an additional 7,624 shares in the last quarter. Genesis Private Wealth LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at $1,229,000. Compass Financial Group Inc. Ohio acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at $1,134,000. Finally, Cooke Wealth Management LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth $2,889,000. 66.95% of the stock is owned by institutional investors and hedge funds.
iShares S&P Mid-Cap 400 Value ETF Stock Up 0.4%
Shares of IJJ stock opened at $147.57 on Friday. The firm has a market cap of $8.82 billion, a price-to-earnings ratio of 16.13 and a beta of 0.96. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $121.37 and a 12 month high of $148.11. The stock has a 50-day moving average price of $142.32 and a 200 day moving average price of $138.32.
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.
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