MMA Asset Management LLC Takes Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

MMA Asset Management LLC acquired a new position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,638 shares of the company’s stock, valued at approximately $202,000.

Other institutional investors have also added to or reduced their stakes in the company. Quaker Wealth Management LLC lifted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 200.5% in the 2nd quarter. Quaker Wealth Management LLC now owns 217 shares of the company’s stock worth $27,000 after purchasing an additional 433 shares during the period. Ryan Investment Management Inc. bought a new position in iShares S&P Mid-Cap 400 Value ETF during the second quarter worth $31,000. Signature Resources Capital Management LLC lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 44.8% in the second quarter. Signature Resources Capital Management LLC now owns 278 shares of the company’s stock valued at $34,000 after buying an additional 86 shares during the period. IMA Advisory Services Inc. acquired a new position in iShares S&P Mid-Cap 400 Value ETF in the first quarter valued at $40,000. Finally, N.E.W. Advisory Services LLC bought a new stake in iShares S&P Mid-Cap 400 Value ETF during the first quarter valued at $58,000. 66.95% of the stock is currently owned by institutional investors.

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

IJJ stock opened at $127.83 on Monday. The firm has a market cap of $7.75 billion, a PE ratio of 16.13 and a beta of 1.05. The stock has a 50-day moving average price of $129.92 and a 200-day moving average price of $124.91. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $102.24 and a 1-year 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.