12,083 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ Bought by Bangor Savings Bank

Bangor Savings Bank purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the third quarter, HoldingsChannel.com reports. The institutional investor purchased 12,083 shares of the company’s stock, valued at approximately $1,664,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Ferguson Wellman Capital Management Inc. bought a new stake in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter valued at $281,000. Eastern Bank acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter worth $136,000. Doliver Advisors LP acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth about $494,000. Montecito Bank & Trust acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at approximately $618,000. Finally, QRG Capital Management Inc. raised its stake in iShares S&P Mid-Cap 400 Value ETF by 14.0% during the 2nd quarter. QRG Capital Management Inc. now owns 6,862 shares of the company’s stock valued at $1,014,000 after purchasing an additional 842 shares during the period. 66.95% of the stock is owned by institutional investors.

iShares S&P Mid-Cap 400 Value ETF Trading Up 0.4%

NYSEARCA IJJ traded up $0.50 during trading on Tuesday, reaching $141.26. 201,960 shares of the company’s stock were exchanged, compared to its average volume of 171,930. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $123.89 and a fifty-two week high of $151.81. The firm has a market capitalization of $8.55 billion, a PE ratio of 16.13 and a beta of 0.97. The company’s fifty day simple moving average is $146.04 and its 200-day simple moving average is $143.03.

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