BNP Paribas Financial Markets Sells 49,700 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ

BNP Paribas Financial Markets trimmed its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 49.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 50,300 shares of the company’s stock after selling 49,700 shares during the period. BNP Paribas Financial Markets’ holdings in iShares S&P Mid-Cap 400 Value ETF were worth $6,619,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of IJJ. Merrithew & Thorsten Inc bought a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at approximately $26,000. Hantz Financial Services Inc. grew its position in iShares S&P Mid-Cap 400 Value ETF by 776.0% during the third quarter. Hantz Financial Services Inc. now owns 219 shares of the company’s stock valued at $28,000 after acquiring an additional 194 shares during the last quarter. Caitlin John LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at approximately $28,000. Toth Financial Advisory Corp bought a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at approximately $29,000. Finally, Capital Investment Counsel Inc bought a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at approximately $35,000. 66.95% of the stock is currently owned by institutional investors.

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

Shares of NYSEARCA IJJ opened at $144.19 on Wednesday. iShares S&P Mid-Cap 400 Value ETF has a one year low of $120.03 and a one year high of $145.23. The firm’s 50 day simple moving average is $139.70 and its two-hundred day simple moving average is $136.99. The stock has a market capitalization of $8.62 billion, a P/E ratio of 16.13 and a beta of 0.96.

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