Horizon Wealth Management LLC Makes New $258,000 Investment in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Horizon Wealth Management LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the fourth quarter, Holdings Channel.com reports. The firm purchased 2,068 shares of the company’s stock, valued at approximately $258,000.

Several other hedge funds have also made changes to their positions in IJJ. Envestnet Asset Management Inc. increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.9% in the second quarter. Envestnet Asset Management Inc. now owns 1,754,565 shares of the company’s stock worth $199,073,000 after acquiring an additional 32,516 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 3.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,359,539 shares of the company’s stock worth $168,066,000 after purchasing an additional 41,812 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 1.5% during the 3rd quarter. D.A. Davidson & CO. now owns 882,125 shares of the company’s stock valued at $109,048,000 after buying an additional 12,668 shares during the last quarter. Raymond James & Associates grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.2% in the 3rd quarter. Raymond James & Associates now owns 666,215 shares of the company’s stock valued at $82,357,000 after buying an additional 7,841 shares in the last quarter. Finally, Evensky & Katz LLC increased its holdings in iShares S&P Mid-Cap 400 Value ETF by 2.4% in the third quarter. Evensky & Katz LLC now owns 639,140 shares of the company’s stock worth $79,011,000 after buying an additional 15,068 shares during the last quarter.

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

IJJ traded up $1.48 during midday trading on Monday, hitting $124.86. 168,396 shares of the company’s stock traded hands, compared to its average volume of 795,771. The company has a market cap of $8.07 billion, a PE ratio of 14.35 and a beta of 1.08. iShares S&P Mid-Cap 400 Value ETF has a one year low of $108.60 and a one year high of $136.42. The stock’s fifty day simple moving average is $128.98 and its 200-day simple moving average is $123.25.

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.