37,196 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ Purchased by ETF Portfolio Partners Inc.

ETF Portfolio Partners Inc. acquired a new position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the third quarter, HoldingsChannel.com reports. The fund acquired 37,196 shares of the company’s stock, valued at approximately $5,122,000. iShares S&P Mid-Cap 400 Value ETF makes up about 1.3% of ETF Portfolio Partners Inc.’s holdings, making the stock its 18th biggest holding.

A number of other hedge funds have also modified their holdings of the company. Farmers & Merchants Investments Inc. purchased a new position in iShares S&P Mid-Cap 400 Value ETF during the third quarter worth approximately $1,603,000. Capital Investment Advisors LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the third quarter valued at approximately $530,000. Beaumont Financial Advisors LLC grew its holdings in iShares S&P Mid-Cap 400 Value ETF by 19.4% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 4,895 shares of the company’s stock valued at $674,000 after buying an additional 795 shares in the last quarter. Christensen King & Associates Investment Services Inc. increased its position in iShares S&P Mid-Cap 400 Value ETF by 164.8% during the third quarter. Christensen King & Associates Investment Services Inc. now owns 4,065 shares of the company’s stock worth $560,000 after purchasing an additional 2,530 shares during the last quarter. Finally, BIP Wealth LLC raised its stake in iShares S&P Mid-Cap 400 Value ETF by 2,505.7% during the third quarter. BIP Wealth LLC now owns 65,168 shares of the company’s stock worth $8,974,000 after purchasing an additional 62,667 shares during the period. 66.95% of the stock is owned by institutional investors and hedge funds.

iShares S&P Mid-Cap 400 Value ETF Trading Down 0.5%

Shares of IJJ opened at $143.20 on Friday. The firm has a market cap of $8.57 billion, a P/E ratio of 16.13 and a beta of 0.97. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $123.89 and a 12-month high of $151.81. The company’s 50-day moving average price is $143.67 and its 200 day moving average price is $143.94.

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.