Wellspring Financial Advisors LLC Has $1.49 Million Stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Wellspring Financial Advisors LLC lowered its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 18.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,919 shares of the company’s stock after selling 2,660 shares during the quarter. Wellspring Financial Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,489,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Wells Fargo & Company MN grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.4% during the fourth quarter. Wells Fargo & Company MN now owns 3,577,174 shares of the company’s stock valued at $447,004,000 after purchasing an additional 49,939 shares during the last quarter. FMR LLC lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 4.4% during the 4th quarter. FMR LLC now owns 3,366,491 shares of the company’s stock worth $420,677,000 after buying an additional 143,077 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in iShares S&P Mid-Cap 400 Value ETF by 3.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,862,735 shares of the company’s stock valued at $232,767,000 after buying an additional 67,236 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 3.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,407,669 shares of the company’s stock valued at $175,902,000 after buying an additional 48,130 shares during the period. Finally, D.A. Davidson & CO. raised its position in shares of iShares S&P Mid-Cap 400 Value ETF by 1.8% during the fourth quarter. D.A. Davidson & CO. now owns 897,864 shares of the company’s stock worth $112,197,000 after acquiring an additional 15,739 shares during the last quarter.

iShares S&P Mid-Cap 400 Value ETF Stock Down 4.6 %

Shares of IJJ opened at $108.02 on Monday. The stock’s fifty day simple moving average is $123.93 and its 200-day simple moving average is $126.06. The firm has a market capitalization of $7.06 billion, a PE ratio of 16.55 and a beta of 1.18. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $106.26 and a 12-month high of $136.42.

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.