Hazlett Burt & Watson Inc. Reduces Holdings in iShares S&P Mid-Cap 400 Value ETF $IJJ

Hazlett Burt & Watson Inc. lessened its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 6.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,381 shares of the company’s stock after selling 567 shares during the period. Hazlett Burt & Watson Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,036,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IJJ. CX Institutional purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the 1st quarter worth about $27,000. von Borstel & Associates Inc. purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the 1st quarter worth about $27,000. ORG Partners LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the 1st quarter worth about $29,000. Ryan Investment Management Inc. purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the 2nd quarter worth about $31,000. Finally, MorganRosel Wealth Management LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the 1st quarter worth about $33,000. Hedge funds and other institutional investors own 66.95% of the company’s stock.

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

Shares of IJJ opened at $125.45 on Monday. The stock’s 50-day simple moving average is $128.95 and its 200 day simple moving average is $123.02. The stock has a market capitalization of $7.67 billion, a price-to-earnings ratio of 16.13 and a beta of 1.17. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $102.24 and a 52-week high of $136.42.

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.