iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Sets New 1-Year High – Should You Buy?

by · The Cerbat Gem

iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ – Get Free Report) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $124.57 and last traded at $124.57, with a volume of 92070 shares. The stock had previously closed at $122.29.

iShares S&P Mid-Cap 400 Value ETF Stock Up 1.9 %

The company has a market cap of $8.05 billion, a PE ratio of 14.35 and a beta of 1.08. The stock’s 50 day simple moving average is $120.23 and its two-hundred day simple moving average is $116.83.

Institutional Investors Weigh In On iShares S&P Mid-Cap 400 Value ETF

A number of institutional investors have recently added to or reduced their stakes in IJJ. Creekmur Asset Management LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at about $30,000. GAMMA Investing LLC boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 94.3% in the third quarter. GAMMA Investing LLC now owns 338 shares of the company’s stock worth $42,000 after buying an additional 164 shares during the period. Syntrinsic LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the third quarter worth about $42,000. Transcendent Capital Group LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $46,000. Finally, Wolff Wiese Magana LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the second quarter worth about $53,000.

About iShares S&P Mid-Cap 400 Value ETF

(Get Free Report)

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.

Featured Articles