iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Reaches New 1-Year High – Here’s What Happened

iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $140.15 and last traded at $139.4990, with a volume of 259761 shares traded. The stock had previously closed at $136.44.

iShares S&P Mid-Cap 400 Value ETF Trading Up 2.4%

The company has a 50 day simple moving average of $132.72 and a 200 day simple moving average of $129.95. The stock has a market cap of $8.47 billion, a P/E ratio of 16.13 and a beta of 1.05.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in IJJ. Quaker Wealth Management LLC grew its position in iShares S&P Mid-Cap 400 Value ETF by 200.5% in the second quarter. Quaker Wealth Management LLC now owns 217 shares of the company’s stock valued at $27,000 after purchasing an additional 433 shares in the last quarter. Caitlin John LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth about $28,000. Hantz Financial Services Inc. boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 776.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 219 shares of the company’s stock worth $28,000 after buying an additional 194 shares during the last quarter. Toth Financial Advisory Corp bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at about $29,000. Finally, Total Investment Management Inc. acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the second quarter valued at about $29,000. Institutional investors and hedge funds own 66.95% of the company’s stock.

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.