Bleakley Financial Group LLC Reduces Holdings in iShares S&P Mid-Cap 400 Value ETF

During the third quarter, Bleakley Financial Group LLC has reduced its stake in the iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 0.3%. This information comes from the firm's latest disclosure submitted to the Securities and Exchange Commission. Following the sale of 90 shares during the period, the firm now controls 34,269 shares of the ETF. At the close of the quarter, Bleakley Financial Group owned approximately 0.05% of the fund, representing a value of $4,236,000.

Other institutional investors have also been adjusting their positions in the iShares S&P Mid-Cap 400 Value ETF. For instance, Syntrinsic LLC acquired a new stake during the third quarter valued at about $42,000. Similarly, GAMMA Investing LLC has increased its holding by an impressive 94.3%, now owning 338 shares valued at $42,000 after adding an additional 164 shares. Moreover, Wolff Wiese Magana LLC has entered a new position in the ETF, which was valued at approximately $53,000 during the second quarter. Allspring Global Investments Holdings LLC also stepped up their holdings by 36.1% in the second quarter, owning 547 shares worth $62,000 after increasing their position with an additional 145 shares. Lastly, Future Financial Wealth Management LLC acquired a new stake in the first quarter valued at around $69,000.

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

The shares of the iShares S&P Mid-Cap 400 Value ETF opened at $127.09 recently. The ETF has a fifty-day moving average price of $121.35 and a two-hundred-day moving average price of $117.14. The fund has a market capitalization of $8.22 billion, a price-to-earnings ratio of 14.35, and a beta of 1.08. Over the past year, the ETF has encountered a low of $92.79 and reached a high of $127.35.

About iShares S&P Mid-Cap 400 Value ETF

The iShares S&P Mid-Cap 400 Value ETF, formerly known as iShares S&P MidCap 400 Value Index Fund, is an exchange-traded fund designed to replicate the price and yield performance of the S&P MidCap 400 Value Index. This index measures the performance of stocks in the mid-capitalization value sector of the U.S. equity market, focusing on those stocks exhibiting strong value characteristics.

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