SNS Financial Group LLC Lowers Stock Holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

SNS Financial Group LLC reduced its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 5.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,437 shares of the company’s stock after selling 1,477 shares during the period. SNS Financial Group LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $3,054,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of IJJ. International Assets Investment Management LLC grew its stake in iShares S&P Mid-Cap 400 Value ETF by 12,420.2% in the third quarter. International Assets Investment Management LLC now owns 237,634 shares of the company’s stock worth $29,376,000 after purchasing an additional 235,736 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the 4th quarter worth $247,000. InvesTrust purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at $7,772,000. JPMorgan Chase & Co. raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 18.3% in the third quarter. JPMorgan Chase & Co. now owns 391,172 shares of the company’s stock valued at $48,357,000 after acquiring an additional 60,576 shares in the last quarter. Finally, Life Planning Partners Inc purchased a new stake in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $6,559,000.

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

Shares of iShares S&P Mid-Cap 400 Value ETF stock opened at $128.62 on Thursday. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $109.12 and a 1 year high of $136.42. The stock has a market cap of $8.32 billion, a price-to-earnings ratio of 14.35 and a beta of 1.08. The firm’s 50-day moving average is $127.42 and its two-hundred day moving average is $125.52.

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.