Capital Investment Advisors LLC Sells 319 Shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Capital Investment Advisors LLC decreased its holdings in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 7.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 3,999 shares of the company’s stock after selling 319 shares during the period. Capital Investment Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $479,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Wells Fargo & Company MN grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.4% during the fourth quarter. Wells Fargo & Company MN now owns 3,577,174 shares of the company’s stock valued at $447,004,000 after buying an additional 49,939 shares during the last quarter. FMR LLC grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 4.4% during the fourth quarter. FMR LLC now owns 3,366,491 shares of the company’s stock valued at $420,677,000 after buying an additional 143,077 shares during the last quarter. Bank of America Corp DE grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.6% during the fourth quarter. Bank of America Corp DE now owns 2,342,909 shares of the company’s stock valued at $292,770,000 after buying an additional 35,971 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 3.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,862,735 shares of the company’s stock valued at $232,767,000 after buying an additional 67,236 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 3.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,407,669 shares of the company’s stock valued at $175,902,000 after buying an additional 48,130 shares during the last quarter.

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

IJJ opened at $122.93 on Wednesday. The stock has a market cap of $7.73 billion, a price-to-earnings ratio of 15.60 and a beta of 1.06. The stock’s 50 day moving average price is $115.99 and its 200-day moving average price is $122.76. iShares S&P Mid-Cap 400 Value ETF has a one year low of $102.24 and a one year high of $136.42.

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.