MV Capital Management Inc. cut its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 20.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 22,206 shares of the company’s stock after selling 5,754 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF comprises about 0.9% of MV Capital Management Inc.’s portfolio, making the stock its 24th largest holding. MV Capital Management Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $3,716,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IJJ. Cornerstone Wealth Management LLC raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 15,708.3% in the second quarter. Cornerstone Wealth Management LLC now owns 373,708 shares of the company’s stock worth $2,309,000 after purchasing an additional 371,344 shares during the period. First Hawaiian Bank acquired a new stake in iShares S&P Mid-Cap 400 Value ETF in the second quarter worth $12,487,000. Merriman Wealth Management LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF in the second quarter worth $9,332,000. Edelman Financial Services LLC raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 3.6% in the second quarter. Edelman Financial Services LLC now owns 972,153 shares of the company’s stock worth $157,518,000 after purchasing an additional 33,973 shares during the period. Finally, Raymond James & Associates raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 9.4% in the second quarter. Raymond James & Associates now owns 280,585 shares of the company’s stock worth $45,463,000 after purchasing an additional 23,996 shares during the period.

IJJ opened at $158.25 on Friday. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $146.80 and a twelve month high of $171.00.

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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.

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Want to see what other hedge funds are holding IJJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ).

Institutional Ownership by Quarter for iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

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