Arwa LLC Takes Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

Arwa LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the 4th quarter, Holdings Channel.com reports. The fund acquired 3,823 shares of the company’s stock, valued at approximately $503,000.

A number of other hedge funds have also bought and sold shares of the business. Concurrent Investment Advisors LLC lifted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 70.6% during the 4th quarter. Concurrent Investment Advisors LLC now owns 18,184 shares of the company’s stock valued at $2,393,000 after buying an additional 7,524 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 1.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 429,149 shares of the company’s stock worth $55,669,000 after acquiring an additional 6,362 shares in the last quarter. Novak & Powell Financial Services Inc. increased its stake in iShares S&P Mid-Cap 400 Value ETF by 131.3% during the third quarter. Novak & Powell Financial Services Inc. now owns 13,429 shares of the company’s stock worth $1,742,000 after acquiring an additional 7,624 shares during the last quarter. Genesis Private Wealth LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at $1,229,000. Finally, Cooke Wealth Management LLC purchased a new position in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter valued at $2,889,000. Hedge funds and other institutional investors own 66.95% of the company’s stock.

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

IJJ stock opened at $144.81 on Friday. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $120.03 and a 12 month high of $147.99. The company has a market capitalization of $8.66 billion, a PE ratio of 16.13 and a beta of 0.96. The firm’s 50-day moving average is $141.56 and its 200 day moving average is $137.82.

iShares S&P Mid-Cap 400 Value ETF Company Profile

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.