15,937 Shares in iShares S&P Mid-Cap 400 Value ETF $IJJ Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 15,937 shares of the company’s stock, valued at approximately $2,195,000.

Other institutional investors also recently modified their holdings of the company. Hsbc Holdings PLC raised its stake in iShares S&P Mid-Cap 400 Value ETF by 6,088.8% during the first quarter. Hsbc Holdings PLC now owns 100,692 shares of the company’s stock worth $13,265,000 after acquiring an additional 99,065 shares in the last quarter. 1834 Investment Advisors Co. bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the third quarter worth about $12,407,000. First Merchants Corp bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the third quarter worth about $11,626,000. Fifth Third Bancorp lifted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 116.2% in the first quarter. Fifth Third Bancorp now owns 155,807 shares of the company’s stock worth $20,644,000 after acquiring an additional 83,729 shares during the last quarter. Finally, Blue Edge Capital LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 2nd quarter valued at approximately $11,447,000. Institutional investors and hedge funds own 66.95% of the company’s stock.

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

IJJ stock opened at $145.47 on Friday. The company has a 50 day simple moving average of $143.24 and a 200 day simple moving average of $141.97. The stock has a market cap of $8.68 billion, a price-to-earnings ratio of 16.13 and a beta of 0.97. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $123.89 and a 1 year high of $151.81.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.