iShares S&P Mid-Cap 400 Value ETF $IJJ Shares Sold by Burke & Herbert Bank & Trust Co.

Burke & Herbert Bank & Trust Co. lessened its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 72.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,391 shares of the company’s stock after selling 8,836 shares during the period. Burke & Herbert Bank & Trust Co.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $467,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. North Star Investment Management Corp. purchased a new position in iShares S&P Mid-Cap 400 Value ETF in the third quarter valued at about $26,000. Cedar Mountain Advisors LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the first quarter worth about $27,000. Toth Financial Advisory Corp acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the third quarter valued at about $30,000. American National Bank & Trust purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter valued at about $33,000. Finally, Advisortrust Partners LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the 1st quarter valued at about $36,000. Institutional investors and hedge funds own 66.95% of the company’s stock.

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

iShares S&P Mid-Cap 400 Value ETF stock traded down $0.02 during midday trading on Friday, hitting $143.37. 192,545 shares of the stock were exchanged, compared to its average volume of 174,035. The firm has a market cap of $8.60 billion, a P/E ratio of 16.13 and a beta of 0.97. The company has a 50 day moving average price of $142.99 and a two-hundred day moving average price of $142.17. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $123.89 and a 1 year high of $151.81.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.