iShares S&P Mid-Cap 400 Value ETF $IJJ Shares Sold by Quadrant Private Wealth Management LLC

Quadrant Private Wealth Management LLC lowered its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 23.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,714 shares of the company’s stock after selling 4,300 shares during the quarter. Quadrant Private Wealth Management LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,817,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Merrithew & Thorsten Inc acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $26,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at about $27,000. Cedar Mountain Advisors LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF in the first quarter valued at about $27,000. Sankala Group LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at approximately $28,000. Finally, Toth Financial Advisory Corp purchased a new stake in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at approximately $29,000. Institutional investors and hedge funds own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Trading Down 0.8%

NYSEARCA IJJ opened at $148.17 on Friday. The stock has a market capitalization of $8.84 billion, a price-to-earnings ratio of 16.13 and a beta of 0.96. The business’s 50 day moving average is $143.95 and its two-hundred day moving average is $139.72. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $121.37 and a 12-month high of $149.77.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.