TD Private Client Wealth LLC Cuts Stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

TD Private Client Wealth LLC lessened its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 3.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,431 shares of the company’s stock after selling 797 shares during the quarter. TD Private Client Wealth LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $2,428,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Raymond James Financial Inc. purchased a new position in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter valued at approximately $106,658,000. Strategic Financial Concepts LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at $247,000. InvesTrust bought a new stake in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth $7,772,000. JPMorgan Chase & Co. raised its stake in iShares S&P Mid-Cap 400 Value ETF by 18.3% during the third quarter. JPMorgan Chase & Co. now owns 391,172 shares of the company’s stock valued at $48,357,000 after purchasing an additional 60,576 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in iShares S&P Mid-Cap 400 Value ETF by 19.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 340,782 shares of the company’s stock valued at $42,584,000 after purchasing an additional 55,664 shares during the last quarter.

iShares S&P Mid-Cap 400 Value ETF Stock Down 0.7 %

iShares S&P Mid-Cap 400 Value ETF stock opened at $120.12 on Friday. The company’s 50-day moving average price is $125.89 and its 200-day moving average price is $126.01. The company has a market cap of $8.21 billion, a PE ratio of 17.02 and a beta of 1.18. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $109.12 and a twelve month high of $136.42.

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.