Baird Financial Group Inc. Sells 6,523 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ

Baird Financial Group Inc. lessened its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 334,571 shares of the company’s stock after selling 6,523 shares during the quarter. Baird Financial Group Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $41,346,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. First Trust Advisors LP lifted its position in iShares S&P Mid-Cap 400 Value ETF by 4.4% in the 2nd quarter. First Trust Advisors LP now owns 11,836 shares of the company’s stock valued at $1,463,000 after acquiring an additional 494 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 75.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,342 shares of the company’s stock valued at $413,000 after purchasing an additional 1,436 shares during the period. Willis Johnson & Associates Inc. lifted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 2.4% in the second quarter. Willis Johnson & Associates Inc. now owns 470,118 shares of the company’s stock valued at $58,097,000 after purchasing an additional 11,094 shares in the last quarter. Aspire Growth Partners LLC boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 2.9% during the second quarter. Aspire Growth Partners LLC now owns 7,445 shares of the company’s stock worth $920,000 after buying an additional 213 shares during the period. Finally, Level Four Advisory Services LLC boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 3.1% during the second quarter. Level Four Advisory Services LLC now owns 31,963 shares of the company’s stock worth $3,950,000 after buying an additional 971 shares during the period. 66.95% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of iShares S&P Mid-Cap 400 Value ETF stock opened at $132.30 on Friday. The firm has a market cap of $8.02 billion, a PE ratio of 16.13 and a beta of 1.05. The business’s 50 day simple moving average is $129.12 and its 200 day simple moving average is $126.95. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $102.24 and a 52-week high of $133.80.

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.