iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Position Cut by Alesco Advisors LLC

Alesco Advisors LLC trimmed its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 60.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 89,637 shares of the company’s stock after selling 138,810 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF makes up about 0.4% of Alesco Advisors LLC’s investment portfolio, making the stock its 29th largest holding. Alesco Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $10,222,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Columbia Trust Co 01012016 lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 273.6% in the fourth quarter. Columbia Trust Co 01012016 now owns 7,824 shares of the company’s stock valued at $892,000 after buying an additional 5,730 shares during the last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 3.7% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 27,208 shares of the company’s stock valued at $3,103,000 after purchasing an additional 970 shares during the period. Raymond James & Associates increased its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 0.8% during the fourth quarter. Raymond James & Associates now owns 705,723 shares of the company’s stock valued at $80,481,000 after purchasing an additional 5,400 shares during the period. Willis Johnson & Associates Inc. increased its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 2.9% during the fourth quarter. Willis Johnson & Associates Inc. now owns 407,738 shares of the company’s stock valued at $46,498,000 after purchasing an additional 11,334 shares during the period. Finally, EP Wealth Advisors LLC increased its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 62.5% during the third quarter. EP Wealth Advisors LLC now owns 6,542 shares of the company’s stock valued at $660,000 after purchasing an additional 2,515 shares during the period.

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

Shares of IJJ traded up $0.35 during trading hours on Friday, reaching $112.30. 110,653 shares of the company’s stock traded hands, compared to its average volume of 165,207. The firm has a market capitalization of $7.25 billion, a price-to-earnings ratio of 13.83 and a beta of 1.10. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $92.79 and a twelve month high of $118.63. The business’s fifty day simple moving average is $113.70 and its two-hundred day simple moving average is $108.88.

iShares S&P Mid-Cap 400 Value ETF Company 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.