Mercer Global Advisors Inc. ADV Reduces Stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Mercer Global Advisors Inc. ADV reduced its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 2.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,712 shares of the company’s stock after selling 1,046 shares during the quarter. Mercer Global Advisors Inc. ADV owned about 0.07% of iShares S&P Mid-Cap 400 Value ETF worth $5,186,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Creekmur Asset Management LLC purchased a new position in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter valued at $30,000. Transcendent Capital Group LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at about $46,000. Wolff Wiese Magana LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF in the second quarter worth about $53,000. Burkett Financial Services LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $56,000. Finally, Johnson Financial Group Inc. boosted its position in iShares S&P Mid-Cap 400 Value ETF by 481.5% during the 4th quarter. Johnson Financial Group Inc. now owns 535 shares of the company’s stock valued at $61,000 after acquiring an additional 443 shares in the last quarter.

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

Shares of NYSEARCA:IJJ opened at $123.21 on Friday. The firm has a market capitalization of $7.97 billion, a P/E ratio of 14.35 and a beta of 1.08. The stock has a 50 day moving average price of $119.41 and a 200-day moving average price of $116.05. 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 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.