iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Shares Sold by Brightwater Advisory LLC

Brightwater Advisory LLC lowered its holdings in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 0.4% in the fourth quarter, Holdings Channel reports. The firm owned 33,645 shares of the company’s stock after selling 151 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF accounts for 3.3% of Brightwater Advisory LLC’s investment portfolio, making the stock its 14th biggest holding. Brightwater Advisory LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $4,204,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Palouse Capital Management Inc. purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter valued at approximately $30,000. BankPlus Trust Department purchased a new position in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at $31,000. Comprehensive Financial Planning Inc. PA purchased a new position in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter worth $36,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter worth $37,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $37,000.

iShares S&P Mid-Cap 400 Value ETF Stock Up 0.3 %

Shares of NYSEARCA:IJJ opened at $125.73 on Wednesday. The company has a 50-day moving average price of $127.09 and a 200 day moving average price of $125.92. iShares S&P Mid-Cap 400 Value ETF has a 52 week low of $109.12 and a 52 week high of $136.42. The company has a market cap of $8.13 billion, a P/E ratio of 14.35 and a beta of 1.08.

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.