HighMark Wealth Management LLC Increases Stake in iShares S&P Mid-Cap 400 Value ETF $IJJ

HighMark Wealth Management LLC increased its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 2,698.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,486 shares of the company’s stock after purchasing an additional 9,147 shares during the period. iShares S&P Mid-Cap 400 Value ETF makes up 0.6% of HighMark Wealth Management LLC’s portfolio, making the stock its 22nd largest holding. HighMark Wealth Management LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,172,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IJJ. CX Institutional bought a new stake in iShares S&P Mid-Cap 400 Value ETF in the first quarter worth about $27,000. von Borstel & Associates Inc. bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the 1st quarter worth approximately $27,000. ORG Partners LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the first quarter worth about $29,000. Ryan Investment Management Inc. purchased a new position in iShares S&P Mid-Cap 400 Value ETF in the 2nd quarter valued at about $31,000. Finally, MorganRosel Wealth Management LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF in the 1st quarter worth about $33,000. 66.95% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Mid-Cap 400 Value ETF Trading Up 0.1%

NYSEARCA:IJJ opened at $130.47 on Friday. The stock has a 50 day moving average of $128.52 and a two-hundred day moving average of $122.66. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $102.24 and a 12 month high of $136.42. The firm has a market cap of $8.09 billion, a P/E ratio of 16.13 and a beta of 1.17.

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.