Envestnet Portfolio Solutions Inc. Decreases Holdings in iShares S&P Mid-Cap 400 Value ETF $IJJ

Envestnet Portfolio Solutions Inc. trimmed its stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 25.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,451 shares of the company’s stock after selling 22,259 shares during the period. Envestnet Portfolio Solutions Inc. owned 0.11% of iShares S&P Mid-Cap 400 Value ETF worth $8,088,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IJJ. CX Institutional acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the first quarter worth about $27,000. von Borstel & Associates Inc. acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the first quarter worth about $27,000. ORG Partners LLC acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the first quarter worth about $29,000. Ryan Investment Management Inc. acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the second quarter worth about $31,000. Finally, MorganRosel Wealth Management LLC acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the first quarter worth about $33,000. 66.95% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Mid-Cap 400 Value ETF Trading Up 1.4%

IJJ opened at $129.52 on Wednesday. The firm has a market capitalization of $7.92 billion, a PE ratio of 16.13 and a beta of 1.17. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $102.24 and a twelve month high of $136.42. The firm’s 50-day moving average price is $129.13 and its 200 day moving average price is $123.12.

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.