Beirne Wealth Consulting Services LLC Decreases Stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Beirne Wealth Consulting Services LLC lowered its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 31.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 5,587 shares of the company’s stock after selling 2,600 shares during the quarter. Beirne Wealth Consulting Services LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $698,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Farther Finance Advisors LLC boosted its position in iShares S&P Mid-Cap 400 Value ETF by 11.0% in the third quarter. Farther Finance Advisors LLC now owns 1,116 shares of the company’s stock worth $138,000 after purchasing an additional 111 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 18.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 391,172 shares of the company’s stock worth $48,357,000 after purchasing an additional 60,576 shares during the period. Strategic Financial Concepts LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the 4th quarter worth about $247,000. Kestra Private Wealth Services LLC grew its position in iShares S&P Mid-Cap 400 Value ETF by 42.9% during the fourth quarter. Kestra Private Wealth Services LLC now owns 4,910 shares of the company’s stock valued at $614,000 after buying an additional 1,473 shares during the period. Finally, Brookstone Capital Management grew its position in iShares S&P Mid-Cap 400 Value ETF by 10.0% during the fourth quarter. Brookstone Capital Management now owns 2,051 shares of the company’s stock valued at $256,000 after buying an additional 187 shares during the period.

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

Shares of IJJ stock opened at $129.14 on Wednesday. The firm has a market cap of $8.35 billion, a price-to-earnings ratio of 14.35 and a beta of 1.08. iShares S&P Mid-Cap 400 Value ETF has a 52 week low of $109.12 and a 52 week high of $136.42. The firm’s 50-day simple moving average is $127.54 and its two-hundred day simple moving average is $125.41.

About iShares S&P Mid-Cap 400 Value ETF

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.