Turning Point Benefit Group Inc. Invests $693,000 in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Turning Point Benefit Group Inc. acquired a new position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the fourth quarter, Holdings Channel.com reports. The fund acquired 5,548 shares of the company’s stock, valued at approximately $693,000. iShares S&P Mid-Cap 400 Value ETF accounts for approximately 0.7% of Turning Point Benefit Group Inc.’s holdings, making the stock its 23rd largest holding.

A number of other institutional investors have also recently made changes to their positions in IJJ. Palouse Capital Management Inc. acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter worth about $30,000. Comprehensive Financial Planning Inc. PA acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter worth about $36,000. RPg Family Wealth Advisory LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth about $37,000. Golden State Wealth Management LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter worth about $37,000. Finally, Register Financial Advisors LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter worth about $45,000.

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

Shares of IJJ opened at $125.50 on Friday. The stock has a 50-day moving average of $127.25 and a two-hundred day moving average of $125.62. iShares S&P Mid-Cap 400 Value ETF has a one year low of $109.12 and a one year high of $136.42. The stock has a market cap of $8.11 billion, a P/E ratio of 14.35 and a beta of 1.08.

iShares S&P Mid-Cap 400 Value ETF Company 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.