iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Shares Sold by Ellis Investment Partners LLC

Ellis Investment Partners LLC lowered its holdings in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 0.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 97,219 shares of the company’s stock after selling 198 shares during the period. iShares S&P Mid-Cap 400 Value ETF comprises 2.4% of Ellis Investment Partners LLC’s portfolio, making the stock its 10th largest holding. Ellis Investment Partners LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $12,148,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IJJ. Valeo Financial Advisors LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at $215,000. Roman Butler Fullerton & Co. bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the 4th quarter valued at about $1,795,000. Kanawha Capital Management LLC boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 2.1% during the 4th quarter. Kanawha Capital Management LLC now owns 5,536 shares of the company’s stock valued at $692,000 after purchasing an additional 116 shares in the last quarter. Root Financial Partners LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $301,000. Finally, MidAtlantic Capital Management Inc. boosted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 2.9% in the fourth quarter. MidAtlantic Capital Management Inc. now owns 10,190 shares of the company’s stock worth $1,273,000 after buying an additional 288 shares during the period.

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

Shares of IJJ opened at $127.85 on Friday. iShares S&P Mid-Cap 400 Value ETF has a one year low of $109.12 and a one year high of $136.42. The company has a 50-day moving average of $127.63 and a two-hundred day moving average of $125.33. The stock has a market cap of $8.27 billion, a price-to-earnings ratio of 14.35 and a beta of 1.08.

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.