1834 Investment Advisors Co. Lowers Stock Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

1834 Investment Advisors Co. decreased its holdings in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 4.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 99,470 shares of the company’s stock after selling 4,726 shares during the period. iShares S&P Mid-Cap 400 Value ETF makes up about 1.6% of 1834 Investment Advisors Co.’s holdings, making the stock its 15th biggest position. 1834 Investment Advisors Co. owned approximately 0.16% of iShares S&P Mid-Cap 400 Value ETF worth $13,089,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Caprock Group LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the third quarter worth about $1,804,000. Balance Wealth LLC purchased a new position in iShares S&P Mid-Cap 400 Value ETF in the third quarter valued at about $32,584,000. Axis Wealth Partners LLC increased its holdings in iShares S&P Mid-Cap 400 Value ETF by 32.9% in the third quarter. Axis Wealth Partners LLC now owns 15,411 shares of the company’s stock valued at $1,999,000 after buying an additional 3,813 shares in the last quarter. Cooke Wealth Management LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the 4th quarter valued at approximately $2,889,000. Finally, First Citizens Asset Management Inc. acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter valued at approximately $693,000. 66.95% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NYSEARCA:IJJ opened at $141.31 on Monday. The firm has a market capitalization of $8.47 billion, a price-to-earnings ratio of 16.13 and a beta of 1.00. The business’s 50 day simple moving average is $136.44 and its 200-day simple moving average is $134.26. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $111.86 and a 12 month high of $144.76.

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