Family Firm Inc. Lowers Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

Family Firm Inc. cut its stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 4.6% in the second quarter, Holdings Channel.com reports. The fund owned 18,734 shares of the company’s stock after selling 900 shares during the period. Family Firm Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $2,315,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Quaker Wealth Management LLC grew its position in iShares S&P Mid-Cap 400 Value ETF by 200.5% in the 2nd quarter. Quaker Wealth Management LLC now owns 217 shares of the company’s stock valued at $27,000 after acquiring an additional 433 shares in the last quarter. Ryan Investment Management Inc. acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the 2nd quarter worth $31,000. Signature Resources Capital Management LLC increased its holdings in iShares S&P Mid-Cap 400 Value ETF by 44.8% during the 2nd quarter. Signature Resources Capital Management LLC now owns 278 shares of the company’s stock worth $34,000 after purchasing an additional 86 shares during the period. IMA Advisory Services Inc. acquired a new stake in iShares S&P Mid-Cap 400 Value ETF in the 1st quarter valued at about $40,000. Finally, N.E.W. Advisory Services LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the 1st quarter valued at about $58,000. 66.95% of the stock is owned by institutional investors and hedge funds.

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

Shares of iShares S&P Mid-Cap 400 Value ETF stock opened at $127.80 on Friday. The business has a 50-day simple moving average of $129.53 and a 200-day simple moving average of $125.75. iShares S&P Mid-Cap 400 Value ETF has a one year low of $102.24 and a one year high of $136.42. The company has a market cap of $7.74 billion, a PE ratio of 16.13 and a beta of 1.05.

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.