Motco Cuts Stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Motco decreased its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 4.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,504 shares of the company’s stock after selling 74 shares during the quarter. Motco’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $257,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Howard Wealth Management LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter worth $25,000. Macroview Investment Management LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at approximately $37,000. Towerpoint Wealth LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at approximately $36,000. Marshall Wace LLP bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the first quarter valued at approximately $51,000. Finally, Signaturefd LLC grew its stake in iShares S&P Mid-Cap 400 Value ETF by 25.8% in the fourth quarter. Signaturefd LLC now owns 327 shares of the company’s stock worth $56,000 after purchasing an additional 67 shares during the period.

IJJ stock opened at $170.46 on Friday. The firm has a 50 day moving average price of $169.23 and a 200-day moving average price of $162.90. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $147.49 and a 52-week high of $173.51.

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.

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Institutional Ownership by Quarter for iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

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