Lutz Financial Services LLC Decreases Holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Lutz Financial Services LLC trimmed its stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 0.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 122,147 shares of the company’s stock after selling 720 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF makes up 1.2% of Lutz Financial Services LLC’s investment portfolio, making the stock its 21st largest position. Lutz Financial Services LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $15,264,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IJJ. Palouse Capital Management Inc. purchased a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at $30,000. Comprehensive Financial Planning Inc. PA purchased a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at $36,000. RPg Family Wealth Advisory LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the third quarter worth about $37,000. Golden State Wealth Management LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $37,000. Finally, Register Financial Advisors LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $45,000.

iShares S&P Mid-Cap 400 Value ETF Trading Down 1.7 %

NYSEARCA:IJJ opened at $125.50 on Friday. The company’s 50-day moving average price is $127.25 and its 200-day moving average price is $125.70. The company has a market cap of $8.11 billion, a P/E ratio of 14.35 and a beta of 1.08. 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.