MV Capital Management Inc. Acquires Shares of 4,027 iShares S&P Mid-Cap 400 Value ETF $IJJ

MV Capital Management Inc. acquired a new stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,027 shares of the company’s stock, valued at approximately $530,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Merrithew & Thorsten Inc bought a new stake in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at $26,000. Caitlin John LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter valued at $28,000. Toth Financial Advisory Corp bought a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth $29,000. Deutsche Bank AG bought a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth $29,000. Finally, Capital Investment Counsel Inc acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at $35,000. 66.95% of the stock is currently owned by institutional investors.

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

NYSEARCA:IJJ opened at $144.81 on Friday. The company has a market cap of $8.66 billion, a P/E ratio of 16.13 and a beta of 0.96. The firm’s fifty day moving average price is $141.42 and its two-hundred day moving average price is $137.77. iShares S&P Mid-Cap 400 Value ETF has a one year low of $120.03 and a one year high of $147.99.

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.