iShares S&P Mid-Cap 400 Value ETF $IJJ Shares Sold by Salomon & Ludwin LLC

Salomon & Ludwin LLC reduced its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 2.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,218 shares of the company’s stock after selling 3,163 shares during the period. iShares S&P Mid-Cap 400 Value ETF comprises 1.3% of Salomon & Ludwin LLC’s portfolio, making the stock its 22nd largest position. Salomon & Ludwin LLC owned 0.17% of iShares S&P Mid-Cap 400 Value ETF worth $13,410,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 6.2% during the first quarter. Envestnet Asset Management Inc. now owns 1,978,891 shares of the company’s stock worth $236,933,000 after purchasing an additional 116,156 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 0.6% during the first quarter. PNC Financial Services Group Inc. now owns 1,415,718 shares of the company’s stock worth $169,504,000 after purchasing an additional 8,049 shares in the last quarter. 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 purchasing an additional 24,732 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 2.7% during the first quarter. Raymond James Financial Inc. now owns 876,953 shares of the company’s stock worth $104,997,000 after purchasing an additional 23,414 shares in the last quarter. Finally, LPL Financial LLC lifted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 25.0% during the first quarter. LPL Financial LLC now owns 817,455 shares of the company’s stock worth $97,874,000 after purchasing an additional 163,256 shares in the last quarter. 66.95% of the stock is owned by institutional investors and hedge funds.

iShares S&P Mid-Cap 400 Value ETF Trading Up 0.2%

NYSEARCA IJJ opened at $128.19 on Friday. The stock has a market cap of $7.82 billion, a P/E ratio of 16.13 and a beta of 1.17. The company’s fifty day simple moving average is $129.42 and its 200-day simple moving average is $123.29. iShares S&P Mid-Cap 400 Value ETF has a 52 week low of $102.24 and a 52 week high of $136.42.

iShares S&P Mid-Cap 400 Value ETF Company 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.