iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Stock Position Lowered by Ellis Investment Partners LLC

Ellis Investment Partners LLC cut its stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 0.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 97,219 shares of the company’s stock after selling 198 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF makes up approximately 2.4% of Ellis Investment Partners LLC’s holdings, making the stock its 10th biggest holding. Ellis Investment Partners LLC owned about 0.15% of iShares S&P Mid-Cap 400 Value ETF worth $12,148,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. PNC Financial Services Group Inc. increased its holdings in iShares S&P Mid-Cap 400 Value ETF by 3.2% during the third quarter. PNC Financial Services Group Inc. now owns 1,359,539 shares of the company’s stock valued at $168,066,000 after buying an additional 41,812 shares during the period. D.A. Davidson & CO. grew its holdings in iShares S&P Mid-Cap 400 Value ETF by 1.5% in the third quarter. D.A. Davidson & CO. now owns 882,125 shares of the company’s stock worth $109,048,000 after purchasing an additional 12,668 shares during the last quarter. Raymond James & Associates grew its holdings in iShares S&P Mid-Cap 400 Value ETF by 1.2% in the third quarter. Raymond James & Associates now owns 666,215 shares of the company’s stock worth $82,357,000 after purchasing an additional 7,841 shares during the last quarter. GW Henssler & Associates Ltd. grew its holdings in iShares S&P Mid-Cap 400 Value ETF by 1.3% in the third quarter. GW Henssler & Associates Ltd. now owns 425,013 shares of the company’s stock worth $52,540,000 after purchasing an additional 5,441 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in iShares S&P Mid-Cap 400 Value ETF by 18.3% in the third quarter. JPMorgan Chase & Co. now owns 391,172 shares of the company’s stock worth $48,357,000 after purchasing an additional 60,576 shares during the last quarter.

iShares S&P Mid-Cap 400 Value ETF Trading Down 0.0 %

NYSEARCA IJJ opened at $127.85 on Friday. The firm’s fifty day simple moving average is $127.63 and its two-hundred day simple moving average is $125.33. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $109.12 and a 12-month high of $136.42. The firm has a market capitalization of $8.27 billion, a P/E ratio of 14.35 and a beta of 1.08.

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.