Grove Bank & Trust Sells 514 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ

Grove Bank & Trust decreased its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 39.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 791 shares of the company’s stock after selling 514 shares during the period. Grove Bank & Trust’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $98,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 6.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,978,891 shares of the company’s stock worth $236,933,000 after buying an additional 116,156 shares during the period. PNC Financial Services Group Inc. raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 0.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,415,718 shares of the company’s stock valued at $169,504,000 after acquiring an additional 8,049 shares during the period. D.A. Davidson & CO. lifted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 2.8% during the first quarter. D.A. Davidson & CO. now owns 922,596 shares of the company’s stock worth $110,462,000 after acquiring an additional 24,732 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 2.7% in the first quarter. Raymond James Financial Inc. now owns 876,953 shares of the company’s stock worth $104,997,000 after acquiring an additional 23,414 shares during the period. Finally, LPL Financial LLC boosted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 25.0% in the first quarter. LPL Financial LLC now owns 817,455 shares of the company’s stock worth $97,874,000 after acquiring an additional 163,256 shares during the period. 66.95% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P Mid-Cap 400 Value ETF Stock Down 1.1%

Shares of IJJ opened at $129.94 on Friday. The business’s 50-day moving average price is $128.01 and its 200-day moving average price is $122.07. The stock has a market cap of $8.06 billion, a PE ratio of 16.13 and a beta of 1.17. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $102.24 and a twelve month 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.