Ellis Investment Partners LLC Sells 310 Shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Ellis Investment Partners LLC decreased its stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 0.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 99,296 shares of the company’s stock after selling 310 shares during the period. iShares S&P Mid-Cap 400 Value ETF makes up 5.6% of Ellis Investment Partners LLC’s portfolio, making the stock its 4th biggest position. Ellis Investment Partners LLC owned about 0.25% of iShares S&P Mid-Cap 400 Value ETF worth $15,557,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. HM Payson & Co. acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the 2nd quarter worth approximately $26,000. Contravisory Investment Management Inc. purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the third quarter worth approximately $28,000. First Command Financial Services Inc. purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the second quarter worth approximately $37,000. Marshall Wace LLP purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the first quarter worth approximately $51,000. Finally, Ibex Wealth Advisors purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the second quarter worth approximately $53,000.

Shares of iShares S&P Mid-Cap 400 Value ETF stock traded up $0.98 during trading on Wednesday, hitting $153.71. The stock had a trading volume of 64,427 shares, compared to its average volume of 107,423. The stock has a 50 day simple moving average of $156.38 and a 200 day simple moving average of $157.77. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $129.89 and a 1 year high of $165.67.

The company also recently announced a — dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a $0.7434 dividend. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 24th.

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.

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Institutional Ownership by Quarter for iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

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