iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Stake Lowered by 1834 Investment Advisors Co.

1834 Investment Advisors Co. cut its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 14.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 136,893 shares of the company’s stock after selling 22,846 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF makes up 2.2% of 1834 Investment Advisors Co.’s portfolio, making the stock its 10th biggest holding. 1834 Investment Advisors Co. owned 0.21% of iShares S&P Mid-Cap 400 Value ETF worth $17,106,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hsbc Holdings PLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the 2nd quarter worth about $203,000. Thrivent Financial for Lutherans lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 8.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 35,253 shares of the company’s stock worth $4,000,000 after purchasing an additional 2,775 shares during the last quarter. Marshall Wace LLP bought a new stake in iShares S&P Mid-Cap 400 Value ETF during the second quarter worth approximately $230,000. Daymark Wealth Partners LLC acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the second quarter valued at approximately $1,049,000. Finally, Texas Capital Bank Wealth Management Services Inc bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the second quarter valued at approximately $504,000.

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

NYSEARCA IJJ opened at $130.17 on Friday. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $108.67 and a 1 year high of $136.42. The company has a fifty day simple moving average of $128.81 and a 200 day simple moving average of $124.29. The company has a market cap of $8.42 billion, a P/E ratio of 14.35 and a beta of 1.08.

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.