iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Position Cut by American Trust

American Trust trimmed its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 10.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 14,108 shares of the company’s stock after selling 1,566 shares during the quarter. American Trust’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,669,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently added to or reduced their stakes in IJJ. UBS Group AG raised its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 2.6% during the fourth quarter. UBS Group AG now owns 1,961,097 shares of the company’s stock valued at $223,644,000 after purchasing an additional 49,491 shares in the last quarter. Evensky & Katz LLC raised its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.3% during the first quarter. Evensky & Katz LLC now owns 606,003 shares of the company’s stock valued at $71,684,000 after purchasing an additional 7,912 shares in the last quarter. Cullen Frost Bankers Inc. raised its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 16.9% during the fourth quarter. Cullen Frost Bankers Inc. now owns 572,197 shares of the company’s stock valued at $65,253,000 after purchasing an additional 82,868 shares in the last quarter. Midland Wealth Advisors LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at about $64,283,000. Finally, Commonwealth Equity Services LLC raised its position in iShares S&P Mid-Cap 400 Value ETF by 50.4% in the first quarter. Commonwealth Equity Services LLC now owns 426,641 shares of the company’s stock worth $50,467,000 after acquiring an additional 142,982 shares in the last quarter.

iShares S&P Mid-Cap 400 Value ETF Stock Down 2.6 %

iShares S&P Mid-Cap 400 Value ETF stock traded down $3.12 during midday trading on Friday, hitting $116.42. The company’s stock had a trading volume of 555,764 shares, compared to its average volume of 169,590. The stock’s 50-day moving average price is $115.45 and its 200-day moving average price is $114.13. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $92.79 and a 12 month high of $124.03. The company has a market capitalization of $7.53 billion, a PE ratio of 14.35 and a beta of 1.08.

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.