Flaharty Asset Management LLC Has $668,000 Holdings in iShares S&P Mid-Cap 400 Value ETF $IJJ

Flaharty Asset Management LLC lessened its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 92.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,553 shares of the company’s stock after selling 54,775 shares during the quarter. Flaharty Asset Management LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $668,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Merrithew & Thorsten Inc bought a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $26,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at about $27,000. Cedar Mountain Advisors LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 1st quarter valued at about $27,000. Sankala Group LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at approximately $28,000. Finally, Deutsche Bank AG acquired a new stake in shares of 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 Price Performance

iShares S&P Mid-Cap 400 Value ETF stock opened at $150.42 on Friday. The company’s 50 day simple moving average is $146.45 and its 200 day simple moving average is $141.09. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $123.07 and a fifty-two week high of $151.63. The firm has a market capitalization of $8.97 billion, a price-to-earnings ratio of 16.13 and a beta of 0.96.

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