Flaharty Asset Management LLC Decreases Stake in iShares S&P Mid-Cap 400 Value ETF $IJJ

Flaharty Asset Management LLC cut its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 41.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,437 shares of the company’s stock after selling 43,015 shares during the period. iShares S&P Mid-Cap 400 Value ETF accounts for about 1.0% of Flaharty Asset Management LLC’s portfolio, making the stock its 29th largest position. Flaharty Asset Management LLC owned about 0.10% of iShares S&P Mid-Cap 400 Value ETF worth $7,953,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of IJJ. Merrithew & Thorsten Inc purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth $26,000. Hantz Financial Services Inc. lifted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 776.0% during the third quarter. Hantz Financial Services Inc. now owns 219 shares of the company’s stock worth $28,000 after buying an additional 194 shares during the period. Caitlin John LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at $28,000. Toth Financial Advisory Corp purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at $29,000. Finally, Capital Investment Counsel Inc acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 66.95% of the company’s stock.

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

Shares of IJJ stock opened at $139.68 on Thursday. The firm has a market capitalization of $8.35 billion, a price-to-earnings ratio of 16.13 and a beta of 0.98. The business has a fifty day moving average of $136.60 and a 200 day moving average of $135.54. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $117.41 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.