Prosperity Planning Inc. Cuts Stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Prosperity Planning Inc. lessened its stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 8.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,721 shares of the company’s stock after selling 2,184 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF makes up about 0.9% of Prosperity Planning Inc.’s portfolio, making the stock its 29th biggest position. Prosperity Planning Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $2,964,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the business. PNC Financial Services Group Inc. raised its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 3.2% in the third quarter. PNC Financial Services Group Inc. now owns 1,359,539 shares of the company’s stock worth $168,066,000 after purchasing an additional 41,812 shares during the last quarter. D.A. Davidson & CO. raised its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.5% during the 3rd quarter. D.A. Davidson & CO. now owns 882,125 shares of the company’s stock worth $109,048,000 after buying an additional 12,668 shares during the period. Raymond James & Associates increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.2% during the third quarter. Raymond James & Associates now owns 666,215 shares of the company’s stock worth $82,357,000 after purchasing an additional 7,841 shares in the last quarter. Evensky & Katz LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 2.4% during the third quarter. Evensky & Katz LLC now owns 639,140 shares of the company’s stock valued at $79,011,000 after acquiring an additional 15,068 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 1.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 631,309 shares of the company’s stock valued at $71,629,000 after purchasing an additional 9,162 shares in the last quarter.

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

NYSEARCA IJJ opened at $129.15 on Tuesday. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $108.67 and a fifty-two week high of $136.42. The firm has a market capitalization of $8.35 billion, a P/E ratio of 14.35 and a beta of 1.08. The stock’s fifty day moving average is $128.79 and its two-hundred day moving average is $123.86.

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.