Hazlett Burt & Watson Inc. Lowers Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

Hazlett Burt & Watson Inc. lowered its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 6.3% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 8,381 shares of the company’s stock after selling 567 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,036,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CX Institutional purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 1st quarter valued at about $27,000. von Borstel & Associates Inc. purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 1st quarter valued at about $27,000. ORG Partners LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 1st quarter valued at about $29,000. Ryan Investment Management Inc. purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 2nd quarter valued at about $31,000. Finally, MorganRosel Wealth Management LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 1st quarter valued at about $33,000. Hedge funds and other institutional investors own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Trading Down 2.9%

Shares of iShares S&P Mid-Cap 400 Value ETF stock opened at $125.45 on Monday. The firm has a market capitalization of $7.67 billion, a PE ratio of 16.13 and a beta of 1.17. The business’s 50-day moving average price is $128.95 and its 200-day moving average price is $123.02. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $102.24 and a 12 month high of $136.42.

About iShares S&P Mid-Cap 400 Value ETF

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.