Claro Advisors LLC Lowers Position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Claro Advisors LLC trimmed its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 5.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 10,961 shares of the company’s stock after selling 597 shares during the quarter. Claro Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,370,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Thomasville National Bank grew its holdings in iShares S&P Mid-Cap 400 Value ETF by 5.1% in the fourth quarter. Thomasville National Bank now owns 6,381 shares of the company’s stock valued at $797,000 after purchasing an additional 309 shares during the period. Brookstone Capital Management grew its holdings in iShares S&P Mid-Cap 400 Value ETF by 10.0% in the fourth quarter. Brookstone Capital Management now owns 2,051 shares of the company’s stock valued at $256,000 after purchasing an additional 187 shares during the period. EWG Elevate Inc. purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth approximately $2,353,000. NorthCrest Asset Manangement LLC grew its stake in iShares S&P Mid-Cap 400 Value ETF by 0.4% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 40,147 shares of the company’s stock worth $4,963,000 after buying an additional 143 shares during the period. Finally, InvesTrust purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth approximately $7,772,000.

iShares S&P Mid-Cap 400 Value ETF Trading Up 1.0 %

IJJ traded up $1.22 during trading on Monday, hitting $124.60. 141,678 shares of the company’s stock were exchanged, compared to its average volume of 789,092. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $108.60 and a 1 year high of $136.42. The stock has a 50 day moving average price of $128.98 and a 200 day moving average price of $123.25. The firm has a market cap of $8.06 billion, a P/E 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.