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

Align Financial LLC bought a new stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 203,701 shares of the company’s stock, valued at approximately $26,805,000. Align Financial LLC owned 0.34% of iShares S&P Mid-Cap 400 Value ETF as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Merrithew & Thorsten Inc acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at about $26,000. Caitlin John LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the third quarter valued at about $28,000. Toth Financial Advisory Corp acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at about $29,000. Deutsche Bank AG acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at about $29,000. Finally, Capital Investment Counsel Inc acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at about $35,000. Institutional investors and hedge funds own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Stock Down 1.7%

Shares of NYSEARCA IJJ opened at $143.65 on Thursday. The company’s 50-day simple moving average is $141.21 and its 200-day simple moving average is $137.68. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $120.03 and a 52-week high of $147.99. The firm has a market cap of $8.59 billion, a price-to-earnings ratio of 16.13 and a beta of 0.96.

iShares S&P Mid-Cap 400 Value ETF 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.