iShares S&P Mid-Cap 400 Value ETF $IJJ Shares Sold by UBS Group AG

UBS Group AG lessened its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 0.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,139,665 shares of the company’s stock after selling 14,659 shares during the quarter. UBS Group AG’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $281,559,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Caprock Group LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth approximately $1,804,000. Balance Wealth LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth approximately $32,584,000. Axis Wealth Partners LLC lifted its position in shares of 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 acquiring an additional 3,813 shares in the last quarter. Cooke Wealth Management LLC purchased a new position in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at about $2,889,000. Finally, First Citizens Asset Management Inc. purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter worth about $693,000. Institutional investors and hedge funds own 66.95% of the company’s stock.

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

NYSEARCA:IJJ opened at $141.08 on Wednesday. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $111.86 and a 1-year high of $144.76. The firm has a 50 day simple moving average of $136.41 and a 200-day simple moving average of $134.46. The firm has a market cap of $8.46 billion, a PE ratio of 16.13 and a beta of 1.00.

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.