Bleakley Financial Group LLC Adjusts Stake in iShares S&P Mid-Cap 400 Value ETF

Bleakley Financial Group LLC has made a slight reduction in its investment in the iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ – Free Report), decreasing its holdings by 0.3% during the third quarter, as reported in its latest filing with the Securities & Exchange Commission. Following the sale of 90 shares in the period, the firm now holds a total of 34,269 shares of the ETF. The value of Bleakley’s investment in the iShares S&P Mid-Cap 400 Value ETF is approximately $4,236,000 at the end of this quarter, representing about 0.05% of the ETF’s overall market cap.

Other institutional investors have also recently altered their positions in the iShares S&P Mid-Cap 400 Value ETF. For instance, Syntrinsic LLC has acquired a new stake in the ETF in the third quarter, worth around $42,000. Additionally, GAMMA Investing LLC increased its holdings by an impressive 94.3% during the same period, now owning 338 shares valued at $42,000 following the purchase of an additional 164 shares. Furthermore, Wolff Wiese Magana LLC established a new position in the ETF worth approximately $53,000 during the second quarter. Allspring Global Investments Holdings LLC also increased its shares in the second quarter by 36.1%, now holding 547 shares worth about $62,000. Lastly, Future Financial Wealth Management LLC invested around $69,000 during the first quarter.

Performance Overview of iShares S&P Mid-Cap 400 Value ETF

The iShares S&P Mid-Cap 400 Value ETF opened at a price of $127.09 on the most recent trading day. The ETF has a fifty-day moving average price of $121.35 and a two-hundred-day moving average price of $117.14. With a total market capitalization of $8.22 billion, this ETF has a price-to-earnings ratio of 14.35 and a beta of 1.08. Over the past year, the ETF has recorded a low of $92.79 and a high of $127.35.

About iShares S&P Mid-Cap 400 Value ETF

The iShares S&P Mid-Cap 400 Value ETF, previously known as the iShares S&P MidCap 400 Value Index Fund, is an exchange-traded fund that aims to match the price and yield performance of the S&P MidCap 400 Value Index. This index specifically tracks the performance of mid-capitalization value stocks in the United States equity market, focusing on those stocks with the most favorable value characteristics.

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ETF, Investment, Stocks