JMG Financial Group Ltd. Cuts Position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

JMG Financial Group Ltd. trimmed its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 16.6% in the 4th quarter, HoldingsChannel reports. The fund owned 5,414 shares of the company’s stock after selling 1,078 shares during the quarter. JMG Financial Group Ltd.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $617,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in IJJ. LPL Financial LLC boosted its stake in iShares S&P Mid-Cap 400 Value ETF by 45.3% in the third quarter. LPL Financial LLC now owns 854,347 shares of the company’s stock valued at $86,229,000 after acquiring an additional 266,162 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 11,179.0% during the 4th quarter. International Assets Investment Management LLC now owns 242,047 shares of the company’s stock valued at $27,603,000 after purchasing an additional 239,901 shares during the last quarter. Comerica Bank acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter worth $13,455,000. Envestnet Portfolio Solutions Inc. purchased a new position in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth $10,671,000. Finally, SRS Capital Advisors Inc. increased its position in iShares S&P Mid-Cap 400 Value ETF by 94.4% during the 3rd quarter. SRS Capital Advisors Inc. now owns 188,243 shares of the company’s stock valued at $18,999,000 after buying an additional 91,417 shares in the last quarter.

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

NYSEARCA IJJ traded up $0.93 during trading on Tuesday, hitting $112.47. The company’s stock had a trading volume of 328,836 shares, compared to its average volume of 166,641. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $92.79 and a fifty-two week high of $118.63. The company has a market cap of $7.27 billion, a PE ratio of 13.83 and a beta of 1.10. The business’s 50 day simple moving average is $113.62 and its 200-day simple moving average is $108.73.

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.