iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Sets New 52-Week High at $116.77

Shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) reached a new 52-week high on Wednesday . The stock traded as high as $116.77 and last traded at $116.77, with a volume of 62926 shares trading hands. The stock had previously closed at $115.21.

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

The firm has a fifty day moving average of $112.86 and a two-hundred day moving average of $107.22. The stock has a market capitalization of $7.88 billion, a P/E ratio of 13.54 and a beta of 1.17.

Hedge Funds Weigh In On iShares S&P Mid-Cap 400 Value ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IJJ. Capital Investment Counsel Inc purchased a new position in iShares S&P Mid-Cap 400 Value ETF in the third quarter valued at about $27,000. Partnership Wealth Management LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $28,000. Creekmur Asset Management LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $30,000. Sheets Smith Wealth Management purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter worth about $31,000. Finally, Chilton Capital Management LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the second quarter worth about $32,000.

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.