Allspring Global Investments Holdings LLC trimmed its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ – Free Report) by 69.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,217 shares of the company’s stock after selling 2,815 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $146,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IJJ. Modern Wealth Management LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $69,402,000. FMR LLC boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 4.4% during the fourth 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 during the last quarter. Ameriprise Financial Inc. boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 7.6% during the fourth quarter. Ameriprise Financial Inc. now owns 987,732 shares of the company’s stock worth $123,442,000 after buying an additional 69,868 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 3.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,862,735 shares of the company’s stock worth $232,767,000 after buying an additional 67,236 shares during the last quarter. Finally, Whalen Wealth Management Inc. bought a new position in iShares S&P Mid-Cap 400 Value ETF during the first quarter worth about $6,774,000. 66.95% of the stock is currently owned by institutional investors and hedge funds.
iShares S&P Mid-Cap 400 Value ETF Price Performance
NYSEARCA:IJJ opened at $127.50 on Friday. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $102.24 and a fifty-two week high of $136.42. The stock has a market capitalization of $7.91 billion, a PE ratio of 16.13 and a beta of 1.17. The business’s 50-day simple moving average is $121.92 and its 200-day simple moving average is $121.72.
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.
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