Cetera Investment Advisers Trims Holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Cetera Investment Advisers lessened its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 131,566 shares of the company’s stock after selling 2,259 shares during the period. Cetera Investment Advisers’ holdings in iShares S&P Mid-Cap 400 Value ETF were worth $14,927,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. SPC Financial Inc. increased its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 0.4% in the 2nd quarter. SPC Financial Inc. now owns 166,365 shares of the company’s stock valued at $18,876,000 after acquiring an additional 601 shares during the last quarter. EP Wealth Advisors LLC boosted its position in iShares S&P Mid-Cap 400 Value ETF by 1.6% during the 2nd quarter. EP Wealth Advisors LLC now owns 6,529 shares of the company’s stock valued at $741,000 after purchasing an additional 105 shares during the period. B. Riley Wealth Advisors Inc. grew its stake in iShares S&P Mid-Cap 400 Value ETF by 9.5% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 4,891 shares of the company’s stock worth $555,000 after buying an additional 423 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in iShares S&P Mid-Cap 400 Value ETF by 1.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 631,309 shares of the company’s stock worth $71,629,000 after buying an additional 9,162 shares during the period. Finally, Silver Lake Advisory LLC bought a new stake in iShares S&P Mid-Cap 400 Value ETF in the second quarter valued at $524,000.

iShares S&P Mid-Cap 400 Value ETF Stock Up 1.1 %

IJJ stock opened at $123.21 on Friday. The stock has a market cap of $7.97 billion, a PE ratio of 14.35 and a beta of 1.08. The firm’s 50-day simple moving average is $120.13 and its 200 day simple moving average is $116.63. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $92.79 and a fifty-two week high of $124.48.

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.