iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Hits New 1-Year High – What’s Next?

iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $136.28 and last traded at $136.32, with a volume of 208907 shares changing hands. The stock had previously closed at $134.91.

iShares S&P Mid-Cap 400 Value ETF Stock Up 1.1%

The firm has a 50-day simple moving average of $130.67 and a 200 day simple moving average of $128.93. The company has a market cap of $8.25 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05.

Institutional Trading of iShares S&P Mid-Cap 400 Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Kwmg LLC grew its position in iShares S&P Mid-Cap 400 Value ETF by 2.9% during the 2nd quarter. Kwmg LLC now owns 2,954 shares of the company’s stock worth $365,000 after purchasing an additional 82 shares during the last quarter. Signature Resources Capital Management LLC boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 44.8% during the second quarter. Signature Resources Capital Management LLC now owns 278 shares of the company’s stock worth $34,000 after buying an additional 86 shares during the period. FAS Wealth Partners Inc. boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.0% during the second quarter. FAS Wealth Partners Inc. now owns 8,768 shares of the company’s stock worth $1,084,000 after buying an additional 86 shares during the period. Partners Wealth Management LLC grew its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 2.1% during the third quarter. Partners Wealth Management LLC now owns 4,294 shares of the company’s stock worth $557,000 after buying an additional 89 shares during the last quarter. Finally, PBMares Wealth Management LLC grew its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 3.4% during the third quarter. PBMares Wealth Management LLC now owns 2,753 shares of the company’s stock worth $357,000 after buying an additional 90 shares during the last quarter. Hedge funds and other institutional investors own 66.95% of the company’s stock.

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