iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Sets New 12-Month High – What’s Next?

iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $130.77 and last traded at $130.67, with a volume of 9434 shares. The stock had previously closed at $125.64.

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

The company has a 50 day moving average of $123.17 and a 200-day moving average of $118.40. The firm has a market capitalization of $8.50 billion, a P/E ratio of 14.35 and a beta of 1.08.

Institutional Investors Weigh In On iShares S&P Mid-Cap 400 Value ETF

Institutional investors have recently modified their holdings of the business. Commerce Bank boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 14.6% in the 3rd quarter. Commerce Bank now owns 25,235 shares of the company’s stock valued at $3,120,000 after purchasing an additional 3,208 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 3.2% in the third quarter. PNC Financial Services Group Inc. now owns 1,359,539 shares of the company’s stock valued at $168,066,000 after buying an additional 41,812 shares during the period. First City Capital Management Inc. acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the third quarter worth approximately $209,000. Fifth Third Wealth Advisors LLC increased its stake in iShares S&P Mid-Cap 400 Value ETF by 8.8% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 26,692 shares of the company’s stock worth $3,300,000 after acquiring an additional 2,157 shares during the period. Finally, Prospera Financial Services Inc raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 300.9% in the 3rd quarter. Prospera Financial Services Inc now owns 58,190 shares of the company’s stock valued at $7,195,000 after acquiring an additional 43,674 shares in the last quarter.

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.