Bank of New York Mellon Corp Sells 7,318 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ

Bank of New York Mellon Corp trimmed its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 407,817 shares of the company’s stock after selling 7,318 shares during the period. Bank of New York Mellon Corp owned about 0.68% of iShares S&P Mid-Cap 400 Value ETF worth $54,036,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. BlueChip Wealth Advisors LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the first quarter worth about $201,000. Calamos Wealth Management LLC grew its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 25.5% during the 1st quarter. Calamos Wealth Management LLC now owns 3,864 shares of the company’s stock worth $512,000 after purchasing an additional 786 shares in the last quarter. Calamos Advisors LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the first quarter valued at approximately $512,000. AMG National Trust Bank increased its position in shares of iShares S&P Mid-Cap 400 Value ETF by 5.5% during the first quarter. AMG National Trust Bank now owns 9,325 shares of the company’s stock valued at $1,236,000 after purchasing an additional 482 shares during the period. Finally, Bryn Mawr Trust Advisors LLC increased its position in shares of iShares S&P Mid-Cap 400 Value ETF by 42.4% during the first quarter. Bryn Mawr Trust Advisors LLC now owns 55,402 shares of the company’s stock valued at $7,341,000 after purchasing an additional 16,506 shares during the period. Institutional investors and hedge funds own 66.95% of the company’s stock.

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

Shares of IJJ stock opened at $146.75 on Friday. iShares S&P Mid-Cap 400 Value ETF has a one year low of $121.37 and a one year high of $149.77. The stock has a fifty day moving average price of $144.52 and a 200 day moving average price of $140.19. The stock has a market cap of $8.76 billion, a P/E ratio of 16.13 and a beta of 0.96.

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.