United Capital Financial Advisors LLC Cuts Holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

United Capital Financial Advisors LLC decreased its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,626 shares of the company’s stock after selling 206 shares during the period. United Capital Financial Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $703,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the 4th quarter worth about $106,658,000. Modern Wealth Management LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth approximately $69,402,000. Strategic Financial Concepts LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at approximately $247,000. FMR LLC lifted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 4.4% in the 4th quarter. FMR LLC now owns 3,366,491 shares of the company’s stock worth $420,677,000 after acquiring an additional 143,077 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of 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 worth $232,767,000 after acquiring an additional 67,236 shares during the last quarter.

iShares S&P Mid-Cap 400 Value ETF Trading Up 1.0 %

IJJ opened at $110.98 on Friday. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $102.24 and a 12 month high of $136.42. The business’s 50-day moving average price is $119.18 and its 200-day moving average price is $124.86. The company has a market cap of $7.08 billion, a P/E ratio of 14.39 and a beta of 1.06.

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.