Bank Julius Baer & Co. Ltd Zurich Makes New Investment in iShares S&P Mid-Cap 400 Value ETF $IJJ

Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 4,176 shares of the company’s stock, valued at approximately $550,000.

Several other hedge funds have also recently bought and sold shares of IJJ. Vestmark Advisory Solutions Inc. acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the third quarter worth $17,072,000. UBS Group AG raised its stake in iShares S&P Mid-Cap 400 Value ETF by 5.4% during the third quarter. UBS Group AG now owns 2,154,324 shares of the company’s stock worth $279,459,000 after acquiring an additional 110,590 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in iShares S&P Mid-Cap 400 Value ETF by 4.2% during the third quarter. Envestnet Asset Management Inc. now owns 1,968,545 shares of the company’s stock worth $255,360,000 after acquiring an additional 80,204 shares in the last quarter. BNP Paribas Financial Markets raised its stake in iShares S&P Mid-Cap 400 Value ETF by 681.7% during the second quarter. BNP Paribas Financial Markets now owns 72,700 shares of the company’s stock worth $8,984,000 after acquiring an additional 63,400 shares in the last quarter. Finally, Equitable Holdings Inc. raised its stake in iShares S&P Mid-Cap 400 Value ETF by 170.2% during the third quarter. Equitable Holdings Inc. now owns 78,062 shares of the company’s stock worth $10,126,000 after acquiring an additional 49,167 shares in the last quarter. 66.95% of the stock is currently owned by institutional investors and hedge funds.

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

iShares S&P Mid-Cap 400 Value ETF stock opened at $137.92 on Friday. The stock has a fifty day moving average price of $136.40 and a two-hundred day moving average price of $135.30. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $117.41 and a 52-week high of $144.76. The firm has a market capitalization of $8.25 billion, a P/E ratio of 16.13 and a beta of 0.98.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.