Merriman Wealth Management LLC Trims Stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Merriman Wealth Management LLC reduced its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 2.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 57,374 shares of the company’s stock after selling 1,207 shares during the quarter. Merriman Wealth Management LLC owned about 0.09% of iShares S&P Mid-Cap 400 Value ETF worth $6,510,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Creekmur Asset Management LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 4th quarter worth $30,000. Transcendent Capital Group LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter valued at about $46,000. Tidemark LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter valued at about $53,000. Wolff Wiese Magana LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the 2nd quarter valued at about $53,000. Finally, Burkett Financial Services LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at about $56,000.

iShares S&P Mid-Cap 400 Value ETF Stock Down 0.9 %

Shares of IJJ stock opened at $123.21 on Friday. The stock has a market cap of $7.97 billion, a PE ratio of 14.35 and a beta of 1.08. The business has a 50-day simple moving average of $119.41 and a 200-day simple moving average of $116.03. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $92.79 and a 52-week high of $124.48.

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.