Soltis Investment Advisors LLC Lowers Stock Holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Soltis Investment Advisors LLC decreased its holdings in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 31.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 21,185 shares of the company’s stock after selling 9,893 shares during the period. Soltis Investment Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $2,647,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Marshall Wace LLP purchased a new position in iShares S&P Mid-Cap 400 Value ETF during the second quarter valued at $230,000. GAMMA Investing LLC lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 94.3% in the 3rd quarter. GAMMA Investing LLC now owns 338 shares of the company’s stock valued at $42,000 after buying an additional 164 shares in the last quarter. HCR Wealth Advisors acquired a new stake in iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter worth about $215,000. Accelerate Investment Advisors LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth approximately $227,000. Finally, HTLF Bank acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at approximately $204,000.

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

NYSEARCA IJJ opened at $127.67 on Monday. The stock’s 50 day simple moving average is $128.18 and its 200-day simple moving average is $125.12. The company has a market cap of $8.25 billion, a PE ratio of 14.35 and a beta of 1.08. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $108.67 and a 1-year high of $136.42.

About iShares S&P Mid-Cap 400 Value ETF

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.