iShares S&P Mid-Cap 400 Value ETF $IJJ Stock: Fifth Third Bancorp Cuts Stake

Fifth Third Bancorp lowered its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 2.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 147,004 shares of the company’s stock after selling 3,701 shares during the quarter. Fifth Third Bancorp owned about 0.25% of iShares S&P Mid-Cap 400 Value ETF worth $20,244,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. First Citizens Bank & Trust Co. bought a new position in iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter valued at $2,044,000. BIP Wealth LLC raised its position in shares of iShares S&P Mid-Cap 400 Value ETF by 2,505.7% during the third quarter. BIP Wealth LLC now owns 65,168 shares of the company’s stock worth $8,974,000 after acquiring an additional 62,667 shares during the last quarter. Blue Edge Capital LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the second quarter worth $11,447,000. IFP Advisors Inc raised its position in shares of iShares S&P Mid-Cap 400 Value ETF by 24.2% during the third quarter. IFP Advisors Inc now owns 65,465 shares of the company’s stock worth $9,015,000 after acquiring an additional 12,738 shares during the last quarter. Finally, Commonwealth Equity Services LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at $23,364,000. Institutional investors and hedge funds own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Stock Up 0.2%

Shares of IJJ opened at $146.31 on Friday. The stock’s fifty day simple moving average is $143.00 and its 200-day simple moving average is $142.38. The firm has a market capitalization of $8.77 billion, a PE ratio of 16.21 and a beta of 0.98. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $123.89 and a 12-month 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.