Capital Advisors Ltd. LLC Reduces Stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Capital Advisors Ltd. LLC reduced its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 0.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 123,163 shares of the company’s stock after selling 217 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF accounts for about 1.9% of Capital Advisors Ltd. LLC’s investment portfolio, making the stock its 14th largest holding. Capital Advisors Ltd. LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $15,391,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in the business. International Assets Investment Management LLC increased its position in iShares S&P Mid-Cap 400 Value ETF by 12,420.2% during the 3rd quarter. International Assets Investment Management LLC now owns 237,634 shares of the company’s stock valued at $29,376,000 after purchasing an additional 235,736 shares during the period. Strategic Financial Concepts LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the 4th quarter valued at about $247,000. InvesTrust purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at about $7,772,000. JPMorgan Chase & Co. raised its stake 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 buying an additional 60,576 shares in the last quarter. Finally, Life Planning Partners Inc purchased a new stake in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $6,559,000.

iShares S&P Mid-Cap 400 Value ETF Stock Down 1.7 %

NYSEARCA IJJ opened at $125.50 on Monday. The firm has a market capitalization of $8.11 billion, a PE ratio of 14.35 and a beta of 1.08. The stock’s 50 day moving average is $127.25 and its 200 day moving average is $125.79. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $109.12 and a twelve month high of $136.42.

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.