Synergy Investment Management LLC Purchases New Position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Synergy Investment Management LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 769 shares of the company’s stock, valued at approximately $96,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its position in shares of iShares S&P Mid-Cap 400 Value ETF by 11.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,116 shares of the company’s stock worth $138,000 after purchasing an additional 111 shares in the last quarter. Kestra Private Wealth Services LLC grew its position in shares of iShares S&P Mid-Cap 400 Value ETF by 42.9% during the 4th quarter. Kestra Private Wealth Services LLC now owns 4,910 shares of the company’s stock worth $614,000 after purchasing an additional 1,473 shares in the last quarter. Strategic Financial Concepts LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the 4th quarter worth approximately $247,000. JPMorgan Chase & Co. grew its position in shares of iShares S&P Mid-Cap 400 Value ETF by 18.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 391,172 shares of the company’s stock worth $48,357,000 after purchasing an additional 60,576 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its position in shares of iShares S&P Mid-Cap 400 Value ETF by 611.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 4,032 shares of the company’s stock worth $504,000 after purchasing an additional 3,465 shares in the last quarter.

iShares S&P Mid-Cap 400 Value ETF Stock Down 1.8 %

Shares of NYSEARCA:IJJ opened at $120.88 on Wednesday. The company’s 50 day moving average price is $127.17 and its two-hundred day moving average price is $126.15. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $109.12 and a 12-month high of $136.42. The firm has a market cap of $7.81 billion, a PE ratio of 14.35 and a beta of 1.08.

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.