World Investment Advisors Has $33.67 Million Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

World Investment Advisors raised its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ – Free Report) by 19.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 255,860 shares of the company’s stock after purchasing an additional 40,816 shares during the period. World Investment Advisors’ holdings in iShares S&P Mid-Cap 400 Value ETF were worth $33,669,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Nalls Sherbakoff Group LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the 4th quarter worth about $237,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at about $27,000. Compass Financial Group Inc. Ohio bought a new stake in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at about $1,134,000. Rehmann Capital Advisory Group raised its position in iShares S&P Mid-Cap 400 Value ETF by 4.6% in the fourth quarter. Rehmann Capital Advisory Group now owns 237,719 shares of the company’s stock worth $31,535,000 after purchasing an additional 10,453 shares in the last quarter. Finally, Keenan LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $2,417,000. Institutional investors and hedge funds own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Stock Down 1.7%

Shares of IJJ opened at $128.08 on Friday. The company has a 50-day moving average price of $138.05 and a two-hundred day moving average price of $133.24. The stock has a market cap of $7.74 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $102.24 and a 12 month high of $144.76.

About iShares S&P Mid-Cap 400 Value ETF

(Free Report)

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.

Further Reading

• Five stocks we like better than iShares S&P Mid-Cap 400 Value ETF

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