Texas Capital Bank Wealth Management Services Inc cut its holdings in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ – Free Report) by 40.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,844 shares of the company’s stock after selling 6,629 shares during the quarter. Texas Capital Bank Wealth Management Services Inc’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,277,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Balance Wealth LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the third quarter worth $32,584,000. World Investment Advisors raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 4,526.6% in the third quarter. World Investment Advisors now owns 215,044 shares of the company’s stock valued at $27,896,000 after acquiring an additional 210,396 shares in the last quarter. Laurel Wealth Advisors LLC boosted its stake in iShares S&P Mid-Cap 400 Value ETF by 12,258.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 179,686 shares of the company’s stock valued at $22,206,000 after acquiring an additional 178,232 shares during the last quarter. Vestmark Advisory Solutions Inc. bought a new position in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter valued at $17,072,000. Finally, UBS Group AG grew its holdings in iShares S&P Mid-Cap 400 Value ETF by 5.4% during the 3rd quarter. UBS Group AG now owns 2,154,324 shares of the company’s stock worth $279,459,000 after acquiring an additional 110,590 shares in the last quarter. 66.95% of the stock is currently owned by hedge funds and other institutional investors.
iShares S&P Mid-Cap 400 Value ETF Stock Performance
IJJ opened at $130.77 on Friday. The company has a 50-day moving average of $138.63 and a 200-day moving average of $133.21. The company has a market capitalization of $7.91 billion, a P/E ratio of 16.13 and a beta of 1.05. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $102.24 and a 1-year high of $144.76.
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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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