iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Sets New 1-Year Low – What’s Next?

iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)’s stock price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $107.51 and last traded at $107.06, with a volume of 63790 shares changing hands. The stock had previously closed at $113.19.

iShares S&P Mid-Cap 400 Value ETF Stock Down 4.6 %

The company has a 50-day moving average of $123.93 and a 200-day moving average of $126.03. The company has a market cap of $7.06 billion, a PE ratio of 16.55 and a beta of 1.18.

Institutional Trading of iShares S&P Mid-Cap 400 Value ETF

Institutional investors have recently made changes to their positions in the company. Orion Capital Management LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at approximately $25,000. Palouse Capital Management Inc. purchased a new position in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth $30,000. BankPlus Trust Department purchased a new position in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth $31,000. Comprehensive Financial Planning Inc. PA bought a new position in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at $36,000. Finally, Golden State Wealth Management LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the 4th quarter valued at $37,000.

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.