Quadrant Private Wealth Management LLC Cuts Stock Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

Quadrant Private Wealth Management LLC trimmed its holdings in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 16.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,572 shares of the company’s stock after selling 3,742 shares during the period. Quadrant Private Wealth Management LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $2,295,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Avantax Advisory Services Inc. grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 7.1% in the first quarter. Avantax Advisory Services Inc. now owns 21,869 shares of the company’s stock valued at $2,618,000 after buying an additional 1,451 shares in the last quarter. Neumann Capital Management LLC boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 1.4% in the 2nd quarter. Neumann Capital Management LLC now owns 27,110 shares of the company’s stock worth $3,350,000 after acquiring an additional 380 shares during the period. Brookstone Capital Management grew its position in iShares S&P Mid-Cap 400 Value ETF by 6.2% in the second quarter. Brookstone Capital Management now owns 2,279 shares of the company’s stock valued at $282,000 after acquiring an additional 133 shares in the last quarter. Advisors Capital Management LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF in the first quarter valued at approximately $313,000. Finally, Hsbc Holdings PLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the first quarter valued at approximately $334,000. 66.95% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Mid-Cap 400 Value ETF Trading Up 1.2%

NYSEARCA IJJ opened at $128.35 on Friday. The stock has a market cap of $7.78 billion, a P/E ratio of 16.13 and a beta of 1.05. The company’s fifty day simple moving average is $129.64 and its 200-day simple moving average is $125.32. iShares S&P Mid-Cap 400 Value ETF has a 52 week low of $102.24 and a 52 week high of $136.42.

iShares S&P Mid-Cap 400 Value ETF 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.