Evensky & Katz LLC Trims Stock Holdings in iShares S&P Mid-Cap 400 Value ETF $IJJ

Evensky & Katz LLC reduced its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 23.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 345,877 shares of the company’s stock after selling 107,062 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF comprises approximately 2.6% of Evensky & Katz LLC’s portfolio, making the stock its 15th biggest position. Evensky & Katz LLC owned approximately 0.57% of iShares S&P Mid-Cap 400 Value ETF worth $44,867,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IJJ. Brighton Jones LLC boosted its stake in iShares S&P Mid-Cap 400 Value ETF by 52.2% during the 4th quarter. Brighton Jones LLC now owns 5,797 shares of the company’s stock worth $724,000 after purchasing an additional 1,988 shares during the period. AQR Capital Management LLC increased its stake in iShares S&P Mid-Cap 400 Value ETF by 268.5% in the first quarter. AQR Capital Management LLC now owns 19,501 shares of the company’s stock valued at $2,335,000 after purchasing an additional 14,209 shares during the period. Integrated Wealth Concepts LLC increased its stake in iShares S&P Mid-Cap 400 Value ETF by 5.6% in the first quarter. Integrated Wealth Concepts LLC now owns 2,910 shares of the company’s stock valued at $348,000 after purchasing an additional 154 shares during the period. NewEdge Advisors LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 15.8% in the first quarter. NewEdge Advisors LLC now owns 9,103 shares of the company’s stock valued at $1,090,000 after buying an additional 1,242 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 163.7% in the first quarter. Goldman Sachs Group Inc. now owns 73,433 shares of the company’s stock valued at $8,792,000 after buying an additional 45,589 shares during the last quarter. 66.95% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of IJJ opened at $134.10 on Monday. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $102.24 and a fifty-two week high of $144.76. The company has a market capitalization of $8.11 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05. The firm has a 50-day simple moving average of $138.63 and a 200-day simple moving average of $133.15.

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