Trust Co. of Vermont Reduces Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

Trust Co. of Vermont lessened its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 8.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,317 shares of the company’s stock after selling 374 shares during the quarter. Trust Co. of Vermont’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $533,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake in iShares S&P Mid-Cap 400 Value ETF by 6.2% during 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 last quarter. PNC Financial Services Group Inc. grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 0.6% in 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 purchasing an additional 8,049 shares during the last quarter. D.A. Davidson & CO. grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 2.8% in the 1st quarter. D.A. Davidson & CO. now owns 922,596 shares of the company’s stock valued at $110,462,000 after purchasing an additional 24,732 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 2.7% in the 1st quarter. Raymond James Financial Inc. now owns 876,953 shares of the company’s stock valued at $104,997,000 after purchasing an additional 23,414 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 25.0% in the 1st quarter. LPL Financial LLC now owns 817,455 shares of the company’s stock valued at $97,874,000 after purchasing an additional 163,256 shares during the last quarter. Hedge funds and other institutional investors own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Trading Up 0.4%

Shares of IJJ stock opened at $130.29 on Thursday. The business’s 50 day moving average is $128.45 and its two-hundred day moving average is $122.60. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $102.24 and a twelve month high of $136.42. The company has a market capitalization of $8.08 billion, a P/E ratio of 16.13 and a beta of 1.17.

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.