SRS Capital Advisors Inc. Reduces Stock Position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

SRS Capital Advisors Inc. lowered its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 173,522 shares of the company’s stock after selling 3,005 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF accounts for about 1.4% of SRS Capital Advisors Inc.’s holdings, making the stock its 23rd biggest holding. SRS Capital Advisors Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $21,683,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IJJ. Guidance Point Advisors LLC increased its stake in iShares S&P Mid-Cap 400 Value ETF by 0.4% during the 3rd quarter. Guidance Point Advisors LLC now owns 19,781 shares of the company’s stock valued at $2,445,000 after purchasing an additional 83 shares in the last quarter. Citizens Financial Group Inc. RI increased its stake in iShares S&P Mid-Cap 400 Value ETF by 1.2% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 8,187 shares of the company’s stock valued at $1,012,000 after purchasing an additional 96 shares in the last quarter. Fiduciary Financial Group LLC increased its stake in iShares S&P Mid-Cap 400 Value ETF by 2.9% during the 4th quarter. Fiduciary Financial Group LLC now owns 3,430 shares of the company’s stock valued at $423,000 after purchasing an additional 98 shares in the last quarter. Cobblestone Capital Advisors LLC NY increased its stake in iShares S&P Mid-Cap 400 Value ETF by 2.4% during the 4th quarter. Cobblestone Capital Advisors LLC NY now owns 4,549 shares of the company’s stock valued at $568,000 after purchasing an additional 105 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in iShares S&P Mid-Cap 400 Value ETF by 11.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,116 shares of the company’s stock valued at $138,000 after purchasing an additional 111 shares in the last quarter.

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

NYSEARCA:IJJ opened at $125.67 on Friday. The firm has a market cap of $8.12 billion, a P/E ratio of 14.35 and a beta of 1.08. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $109.12 and a fifty-two week high of $136.42. The firm has a 50-day simple moving average of $127.20 and a two-hundred day simple moving average of $125.98.

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.