Essex Financial Services Inc. Cuts Position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Essex Financial Services Inc. trimmed its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 5.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,396 shares of the company’s stock after selling 144 shares during the quarter. Essex Financial Services Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $299,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth approximately $36,000. RPg Family Wealth Advisory LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter worth approximately $37,000. Golden State Wealth Management LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth approximately $37,000. GAMMA Investing LLC increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 94.3% during the third quarter. GAMMA Investing LLC now owns 338 shares of the company’s stock worth $42,000 after buying an additional 164 shares during the period. Finally, Register Financial Advisors LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth approximately $45,000.

iShares S&P Mid-Cap 400 Value ETF Stock Up 0.8 %

Shares of IJJ opened at $127.88 on Friday. The stock has a 50 day moving average price of $127.82 and a 200 day moving average price of $125.24. The company has a market capitalization of $8.27 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.

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.