First Merchants Corp Sells 3,362 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ

First Merchants Corp decreased its stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 2.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 115,234 shares of the company’s stock after selling 3,362 shares during the period. First Merchants Corp’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $14,241,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Bar Harbor Wealth Management boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 11.3% in the 2nd quarter. Bar Harbor Wealth Management now owns 1,923 shares of the company’s stock valued at $238,000 after purchasing an additional 195 shares during the period. Madden Advisory Services Inc. boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 8.8% in the 2nd quarter. Madden Advisory Services Inc. now owns 1,919 shares of the company’s stock valued at $237,000 after purchasing an additional 155 shares during the period. Foundation Wealth Management LLC boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 25.0% in the 2nd quarter. Foundation Wealth Management LLC now owns 48,611 shares of the company’s stock valued at $6,008,000 after purchasing an additional 9,711 shares during the period. Heck Capital Advisors LLC boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 11.7% in the 2nd quarter. Heck Capital Advisors LLC now owns 25,308 shares of the company’s stock valued at $3,128,000 after purchasing an additional 2,654 shares during the period. Finally, Valeo Financial Advisors LLC boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 13.5% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,955 shares of the company’s stock valued at $242,000 after purchasing an additional 232 shares during the period. Institutional investors own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Stock Up 0.7%

NYSEARCA IJJ opened at $130.67 on Thursday. The company has a market capitalization of $8.02 billion, a P/E ratio of 16.13 and a beta of 1.17. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $102.24 and a 12-month high of $136.42. The firm has a 50-day moving average price of $128.80 and a two-hundred day moving average price of $122.93.

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.