iShares S&P Mid-Cap 400 Value ETF $IJJ Stock: Midland Wealth Advisors LLC Trims Position

Midland Wealth Advisors LLC trimmed its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 273,118 shares of the company’s stock after selling 5,388 shares during the period. iShares S&P Mid-Cap 400 Value ETF accounts for approximately 1.7% of Midland Wealth Advisors LLC’s holdings, making the stock its 18th largest holding. Midland Wealth Advisors LLC owned approximately 0.46% of iShares S&P Mid-Cap 400 Value ETF worth $37,611,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE grew its holdings in iShares S&P Mid-Cap 400 Value ETF by 1.3% in the 1st quarter. Bank of America Corp DE now owns 2,402,568 shares of the company’s stock valued at $318,340,000 after buying an additional 29,909 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 1.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,237,277 shares of the company’s stock worth $330,499,000 after acquiring an additional 42,650 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 0.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,350,338 shares of the company’s stock worth $178,920,000 after acquiring an additional 9,695 shares during the period. D.A. Davidson & CO. boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 3.6% in the first quarter. D.A. Davidson & CO. now owns 1,091,192 shares of the company’s stock worth $144,583,000 after acquiring an additional 38,084 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 3.8% in the first quarter. Royal Bank of Canada now owns 558,496 shares of the company’s stock worth $74,000,000 after acquiring an additional 20,382 shares during the last quarter. 66.95% of the stock is owned by institutional investors and hedge funds.

iShares S&P Mid-Cap 400 Value ETF Stock Performance

iShares S&P Mid-Cap 400 Value ETF stock opened at $144.25 on Wednesday. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $123.89 and a 1 year high of $151.81. The firm has a 50 day moving average price of $143.46 and a 200 day moving average price of $141.86. The company has a market cap of $8.62 billion, a price-to-earnings ratio of 16.13 and a beta of 0.97.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.