Pinnacle Bancorp Inc. Trims Stock Position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Pinnacle Bancorp Inc. decreased its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 5.6% in the 1st quarter, Holdings Channel reports. The institutional investor owned 16,984 shares of the company’s stock after selling 1,006 shares during the period. iShares S&P Mid-Cap 400 Value ETF makes up approximately 0.6% of Pinnacle Bancorp Inc.’s portfolio, making the stock its 27th biggest position. Pinnacle Bancorp Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $2,009,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Courier Capital LLC increased its holdings in iShares S&P Mid-Cap 400 Value ETF by 1.1% in the 1st quarter. Courier Capital LLC now owns 216,049 shares of the company’s stock valued at $25,556,000 after purchasing an additional 2,253 shares in the last quarter. Fifth Third Wealth Advisors LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the 1st quarter valued at about $2,814,000. Wealthcare Advisory Partners LLC lifted its position in iShares S&P Mid-Cap 400 Value ETF by 33.0% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 4,723 shares of the company’s stock worth $559,000 after acquiring an additional 1,171 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new position in iShares S&P Mid-Cap 400 Value ETF in the 1st quarter worth approximately $69,000. Finally, Ehrlich Financial Group acquired a new stake in iShares S&P Mid-Cap 400 Value ETF in the first quarter valued at approximately $2,080,000.

iShares S&P Mid-Cap 400 Value ETF Trading Up 0.5 %

IJJ stock traded up $0.62 during trading on Friday, reaching $113.46. The stock had a trading volume of 267,730 shares, compared to its average volume of 155,787. The firm has a fifty day moving average price of $114.25 and a 200 day moving average price of $113.36. The company has a market capitalization of $7.34 billion, a P/E ratio of 14.35 and a beta of 1.08. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $92.79 and a 1-year high of $118.89.

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.