SRS Capital Advisors Inc. Lowers Stock Holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

SRS Capital Advisors Inc. reduced its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 184,614 shares of the company’s stock after selling 3,629 shares during the period. iShares S&P Mid-Cap 400 Value ETF comprises 2.3% of SRS Capital Advisors Inc.’s holdings, making the stock its 16th largest position. SRS Capital Advisors Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $21,053,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. LPL Financial LLC grew its stake in iShares S&P Mid-Cap 400 Value ETF by 45.3% in the 3rd quarter. LPL Financial LLC now owns 854,347 shares of the company’s stock valued at $86,229,000 after acquiring an additional 266,162 shares during the period. International Assets Investment Management LLC grew its position in shares of iShares S&P Mid-Cap 400 Value ETF by 11,179.0% in the fourth quarter. International Assets Investment Management LLC now owns 242,047 shares of the company’s stock valued at $27,603,000 after purchasing an additional 239,901 shares during the period. Comerica Bank acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth about $13,455,000. Envestnet Portfolio Solutions Inc. purchased a new position in iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter valued at about $10,671,000. Finally, Wealthspire Advisors LLC boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 545.0% in the 3rd quarter. Wealthspire Advisors LLC now owns 83,866 shares of the company’s stock worth $8,465,000 after buying an additional 70,863 shares during the last quarter.

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

Shares of IJJ traded up $1.35 during trading hours on Thursday, hitting $112.63. 64,297 shares of the stock were exchanged, compared to its average volume of 163,498. The stock’s 50-day moving average price is $113.72 and its two-hundred day moving average price is $109.30. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $92.79 and a 12-month high of $118.63. The company has a market cap of $7.28 billion, a price-to-earnings ratio of 13.83 and a beta of 1.10.

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.