First Merchants Corp Lowers Stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

First Merchants Corp decreased its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 119,954 shares of the company’s stock after selling 1,357 shares during the period. First Merchants Corp owned 0.19% of iShares S&P Mid-Cap 400 Value ETF worth $14,989,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of IJJ. International Assets Investment Management LLC raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 12,420.2% in the 3rd quarter. International Assets Investment Management LLC now owns 237,634 shares of the company’s stock valued at $29,376,000 after acquiring an additional 235,736 shares during the last quarter. Strategic Financial Concepts LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at $247,000. InvesTrust acquired a new position in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at $7,772,000. JPMorgan Chase & Co. lifted its position in iShares S&P Mid-Cap 400 Value ETF by 18.3% during the third quarter. JPMorgan Chase & Co. now owns 391,172 shares of the company’s stock worth $48,357,000 after buying an additional 60,576 shares during the period. Finally, Life Planning Partners Inc acquired a new stake in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter worth about $6,559,000.

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

IJJ opened at $127.88 on Friday. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $109.12 and a 12 month high of $136.42. The business has a 50-day moving average of $127.82 and a two-hundred day moving average of $125.24. The stock has a market capitalization of $8.27 billion, a price-to-earnings ratio of 14.35 and a beta of 1.08.

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.