Innovative Wealth Building LLC Has $1.46 Million Stock Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

Innovative Wealth Building LLC lowered its stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 10.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 11,810 shares of the company’s stock after selling 1,396 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF accounts for approximately 1.2% of Innovative Wealth Building LLC’s portfolio, making the stock its 17th biggest position. Innovative Wealth Building LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,459,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kwmg LLC increased its position in iShares S&P Mid-Cap 400 Value ETF by 2.9% in the 2nd quarter. Kwmg LLC now owns 2,954 shares of the company’s stock valued at $365,000 after buying an additional 82 shares in the last quarter. Signature Resources Capital Management LLC increased its position in iShares S&P Mid-Cap 400 Value ETF by 44.8% in the 2nd quarter. Signature Resources Capital Management LLC now owns 278 shares of the company’s stock valued at $34,000 after buying an additional 86 shares in the last quarter. Destiny Capital Corp CO increased its position in iShares S&P Mid-Cap 400 Value ETF by 3.9% in the 1st quarter. Destiny Capital Corp CO now owns 2,594 shares of the company’s stock valued at $311,000 after buying an additional 97 shares in the last quarter. apricus wealth LLC increased its position in iShares S&P Mid-Cap 400 Value ETF by 4.4% in the 1st quarter. apricus wealth LLC now owns 2,334 shares of the company’s stock valued at $279,000 after buying an additional 98 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its position in iShares S&P Mid-Cap 400 Value ETF by 16.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 704 shares of the company’s stock valued at $84,000 after buying an additional 99 shares in the last quarter. 66.95% of the stock is owned by institutional investors.

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

Shares of iShares S&P Mid-Cap 400 Value ETF stock opened at $131.10 on Friday. iShares S&P Mid-Cap 400 Value ETF has a one year low of $102.24 and a one year high of $136.42. The firm has a market capitalization of $8.04 billion, a price-to-earnings ratio of 16.13 and a beta of 1.17. The business has a 50-day simple moving average of $128.58 and a 200 day simple moving average of $122.74.

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.