iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Shares Sold by Penobscot Investment Management Company Inc.

Penobscot Investment Management Company Inc. trimmed its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 5.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,821 shares of the company’s stock after selling 100 shares during the period. Penobscot Investment Management Company Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $228,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IJJ. Murphy & Mullick Capital Management Corp acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter valued at approximately $48,000. Bay Capital Advisors LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the 4th quarter valued at approximately $724,000. PKS Advisory Services LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth approximately $540,000. Signature Estate & Investment Advisors LLC increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 113.8% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 29,875 shares of the company’s stock worth $3,733,000 after buying an additional 15,899 shares during the last quarter. Finally, Heritage Wealth Management Inc. CA raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 29.8% in the fourth quarter. Heritage Wealth Management Inc. CA now owns 16,511 shares of the company’s stock valued at $2,063,000 after acquiring an additional 3,789 shares in the last quarter.

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

NYSEARCA IJJ opened at $121.79 on Thursday. The company has a market capitalization of $7.97 billion, a price-to-earnings ratio of 16.55 and a beta of 1.18. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $109.12 and a 12 month high of $136.42. The company’s fifty day moving average price is $125.64 and its two-hundred day moving average price is $126.12.

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.