Saxon Interests Inc. Acquires Shares of 5,265 iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Saxon Interests Inc. acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 5,265 shares of the company’s stock, valued at approximately $600,000.

Several other institutional investors have also added to or reduced their stakes in the business. Alliancebernstein L.P. lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 1.8% during the second quarter. Alliancebernstein L.P. now owns 5,407 shares of the company’s stock valued at $579,000 after purchasing an additional 98 shares during the last quarter. Balentine LLC increased its position in shares of iShares S&P Mid-Cap 400 Value ETF by 14.6% during the second quarter. Balentine LLC now owns 854 shares of the company’s stock valued at $91,000 after buying an additional 109 shares during the period. Bragg Financial Advisors Inc increased its position in shares of iShares S&P Mid-Cap 400 Value ETF by 0.5% during the fourth quarter. Bragg Financial Advisors Inc now owns 25,573 shares of the company’s stock valued at $2,578,000 after buying an additional 128 shares during the period. Lincoln National Corp increased its position in shares of iShares S&P Mid-Cap 400 Value ETF by 0.6% during the third quarter. Lincoln National Corp now owns 22,713 shares of the company’s stock valued at $2,292,000 after buying an additional 135 shares during the period. Finally, PFG Advisors increased its position in shares of iShares S&P Mid-Cap 400 Value ETF by 3.5% during the third quarter. PFG Advisors now owns 4,304 shares of the company’s stock valued at $434,000 after buying an additional 146 shares during the period.

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

Shares of IJJ traded up $0.48 during midday trading on Friday, hitting $118.29. 146,643 shares of the company traded hands, compared to its average volume of 180,852. The stock has a 50-day moving average of $112.86 and a 200-day moving average of $107.22. The firm has a market cap of $7.88 billion, a P/E ratio of 13.54 and a beta of 1.17. iShares S&P Mid-Cap 400 Value ETF has a one year low of $92.79 and a one year high of $118.63.

iShares S&P Mid-Cap 400 Value ETF Profile

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.