Stratos Investment Management LLC Buys New Stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Stratos Investment Management LLC purchased a new position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the 4th quarter, Holdings Channel.com reports. The firm purchased 6,893 shares of the company’s stock, valued at approximately $861,000.

Several other institutional investors have also bought and sold shares of IJJ. Financial Life Planners purchased a new position in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $122,000. U.S. Capital Wealth Advisors LLC lifted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 44.1% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 9,466 shares of the company’s stock valued at $1,183,000 after purchasing an additional 2,896 shares during the last quarter. DAVENPORT & Co LLC boosted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 6.6% in the 4th quarter. DAVENPORT & Co LLC now owns 3,327 shares of the company’s stock worth $416,000 after purchasing an additional 206 shares during the period. Heck Capital Advisors LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the 4th quarter worth approximately $4,184,000. Finally, Heritage Financial Services LLC increased its position in shares of iShares S&P Mid-Cap 400 Value ETF by 14.3% during the 4th quarter. Heritage Financial Services LLC now owns 2,218 shares of the company’s stock valued at $277,000 after purchasing an additional 278 shares during the last quarter.

iShares S&P Mid-Cap 400 Value ETF Stock Up 0.6 %

Shares of IJJ opened at $128.70 on Wednesday. The business has a fifty day moving average of $128.51 and a 200 day moving average of $124.91. The company has a market cap of $8.32 billion, a PE ratio of 14.35 and a beta of 1.08. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $108.67 and a 52-week high of $136.42.

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.