Penobscot Investment Management Company Inc. Decreases Position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Penobscot Investment Management Company Inc. decreased its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 5.2% during the 4th quarter, Holdings Channel.com reports. The firm 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 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Palouse Capital Management Inc. bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at $30,000. BankPlus Trust Department purchased a new stake in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter worth about $31,000. Comprehensive Financial Planning Inc. PA bought a new stake in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at about $36,000. RPg Family Wealth Advisory LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at about $37,000. Finally, Golden State Wealth Management LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $37,000.

iShares S&P Mid-Cap 400 Value ETF Stock Down 0.1 %

NYSEARCA IJJ opened at $121.79 on Thursday. The firm has a market cap of $7.97 billion, a P/E ratio of 16.55 and a beta of 1.18. The company’s 50 day moving average is $125.64 and its 200-day moving average is $126.12. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $109.12 and a 12-month high of $136.42.

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.