Founders Grove Wealth Partners LLC Invests $1.85 Million in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Founders Grove Wealth Partners LLC acquired a new position in shares of 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 acquired 14,810 shares of the company’s stock, valued at approximately $1,851,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in IJJ. Oppenheimer & Co. Inc. increased its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 22.0% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 18,254 shares of the company’s stock worth $2,071,000 after acquiring an additional 3,290 shares during the last quarter. J.W. Cole Advisors Inc. increased its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 24.7% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 4,819 shares of the company’s stock worth $547,000 after acquiring an additional 953 shares during the last quarter. Thompson Siegel & Walmsley LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the 2nd quarter worth approximately $739,000. Citizens Financial Group Inc. RI increased its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 16.5% during the 2nd quarter. Citizens Financial Group Inc. RI now owns 8,091 shares of the company’s stock worth $918,000 after acquiring an additional 1,147 shares during the last quarter. Finally, Hsbc Holdings PLC acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the 2nd quarter worth approximately $203,000.

iShares S&P Mid-Cap 400 Value ETF Trading Up 1.1 %

IJJ stock opened at $126.19 on Wednesday. The firm has a market capitalization of $8.16 billion, a PE ratio of 14.35 and a beta of 1.08. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $108.60 and a 1-year high of $136.42. The business’s 50 day simple moving average is $129.02 and its 200 day simple moving average is $123.42.

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.