Tiemann Investment Advisors LLC Sells 975 Shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Tiemann Investment Advisors LLC lessened its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 4.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,871 shares of the company’s stock after selling 975 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF accounts for approximately 1.0% of Tiemann Investment Advisors LLC’s investment portfolio, making the stock its 20th biggest position. Tiemann Investment Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $2,358,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Raymond James Financial Inc. acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter worth approximately $106,658,000. Strategic Financial Concepts LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at $247,000. InvesTrust acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the 4th quarter valued at $7,772,000. JPMorgan Chase & Co. grew its position in iShares S&P Mid-Cap 400 Value ETF by 18.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 391,172 shares of the company’s stock worth $48,357,000 after acquiring an additional 60,576 shares during the last quarter. Finally, Life Planning Partners Inc bought a new position in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at about $6,559,000.

iShares S&P Mid-Cap 400 Value ETF Trading Up 0.9 %

Shares of IJJ stock opened at $122.21 on Monday. The firm has a market capitalization of $8.35 billion, a price-to-earnings ratio of 17.02 and a beta of 1.18. The business’s 50-day moving average price is $126.85 and its 200-day moving average price is $126.20. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $109.12 and a 12 month high of $136.42.

iShares S&P Mid-Cap 400 Value ETF Company 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.