iShares S&P Mid-Cap 400 Value ETF $IJJ Shares Newly Acquired by Sowell Financial Services LLC

Sowell Financial Services LLC bought a new stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 15,937 shares of the company’s stock, valued at approximately $2,195,000.

Several other hedge funds have also bought and sold shares of IJJ. Cedar Mountain Advisors LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF during the first quarter worth $27,000. Toth Financial Advisory Corp acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the third quarter valued at $30,000. American National Bank & Trust acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the third quarter valued at $33,000. Advisortrust Partners LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the first quarter valued at about $36,000. Finally, Angeles Wealth Management LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the second quarter valued at about $66,000. 66.95% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of IJJ stock opened at $145.47 on Friday. iShares S&P Mid-Cap 400 Value ETF has a 52 week low of $123.89 and a 52 week high of $151.81. The company has a market capitalization of $8.68 billion, a price-to-earnings ratio of 16.13 and a beta of 0.97. The company has a 50-day simple moving average of $143.24 and a 200 day simple moving average of $141.97.

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.