SB Capital Management Inc Purchases Shares of 19,318 iShares S&P Mid-Cap 400 Value ETF $IJJ

SB Capital Management Inc acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 19,318 shares of the company’s stock, valued at approximately $2,542,000. iShares S&P Mid-Cap 400 Value ETF makes up about 0.9% of SB Capital Management Inc’s investment portfolio, making the stock its 26th largest position.

Other hedge funds also recently made changes to their positions in the company. Compound Planning Inc. raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 3.1% in the 4th quarter. Compound Planning Inc. now owns 7,619 shares of the company’s stock worth $1,003,000 after purchasing an additional 231 shares in the last quarter. Birchwood Financial Partners Inc. acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at approximately $60,000. Beacon Pointe Advisors LLC boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 202.2% during the fourth quarter. Beacon Pointe Advisors LLC now owns 28,916 shares of the company’s stock worth $3,805,000 after buying an additional 19,346 shares in the last quarter. First Citizens Bank & Trust Co. boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 4.8% during the fourth quarter. First Citizens Bank & Trust Co. now owns 16,117 shares of the company’s stock worth $2,121,000 after buying an additional 744 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth approximately $1,693,000. Institutional investors and hedge funds own 66.95% of the company’s stock.

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

iShares S&P Mid-Cap 400 Value ETF stock opened at $144.81 on Friday. The firm has a market cap of $8.66 billion, a price-to-earnings ratio of 16.13 and a beta of 0.96. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $120.03 and a 1 year high of $147.99. The firm’s 50 day moving average price is $141.42 and its two-hundred day moving average price is $137.77.

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.