iShares S&P Mid-Cap 400 Value ETF $IJJ Shares Newly Purchased by Neumann Capital Management LLC

by · The Markets Daily

Neumann Capital Management LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ – Free Report) in the 3rd quarter, Holdings Channel.com reports. The fund purchased 27,245 shares of the company’s stock, valued at approximately $3,752,000. iShares S&P Mid-Cap 400 Value ETF comprises about 0.9% of Neumann Capital Management LLC’s portfolio, making the stock its 29th largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Murphy Middleton Hinkle & Parker Inc. lifted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 24.6% in the 3rd quarter. Murphy Middleton Hinkle & Parker Inc. now owns 17,945 shares of the company’s stock valued at $2,471,000 after purchasing an additional 3,542 shares in the last quarter. First Merchants Corp acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth approximately $11,626,000. AdvisorNet Financial Inc acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth approximately $250,000. ZWJ Investment Counsel Inc. acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth approximately $282,000. Finally, Triangle Securities Wealth Management acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth approximately $536,000. 66.95% of the stock is currently owned by institutional investors and hedge funds.

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

NYSEARCA IJJ opened at $141.62 on Friday. iShares S&P Mid-Cap 400 Value ETF has a one year low of $123.89 and a one year high of $151.81. The company’s 50 day moving average price is $144.64 and its 200 day moving average price is $143.59. The firm has a market capitalization of $8.53 billion, a price-to-earnings ratio of 16.13 and a beta of 0.97.

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.

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