MMA Asset Management LLC Takes $202,000 Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

MMA Asset Management LLC bought a new stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,638 shares of the company’s stock, valued at approximately $202,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IJJ. Brighton Jones LLC raised its position in shares of iShares S&P Mid-Cap 400 Value ETF by 52.2% during the fourth quarter. Brighton Jones LLC now owns 5,797 shares of the company’s stock worth $724,000 after purchasing an additional 1,988 shares during the period. Summit Financial Consulting LLC bought a new stake in iShares S&P Mid-Cap 400 Value ETF during the 1st quarter valued at $5,297,000. Fund Evaluation Group LLC acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the first quarter worth $635,000. Envestnet Asset Management Inc. raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 6.2% during the first quarter. Envestnet Asset Management Inc. now owns 1,978,891 shares of the company’s stock worth $236,933,000 after buying an additional 116,156 shares during the last quarter. Finally, Financial Counselors Inc. grew its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 0.4% during the first quarter. Financial Counselors Inc. now owns 32,941 shares of the company’s stock valued at $3,944,000 after buying an additional 131 shares during the last quarter. Institutional investors own 66.95% of the company’s stock.

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

NYSEARCA:IJJ opened at $127.83 on Monday. iShares S&P Mid-Cap 400 Value ETF has a one year low of $102.24 and a one year high of $136.42. The company has a market cap of $7.75 billion, a PE ratio of 16.13 and a beta of 1.05. The firm has a 50-day moving average of $129.92 and a 200-day moving average of $124.91.

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.