6,648 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ Acquired by Meridian Investment Counsel Inc.

Meridian Investment Counsel Inc. bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 6,648 shares of the company’s stock, valued at approximately $915,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its position in shares of iShares S&P Mid-Cap 400 Value ETF by 1.3% in the first quarter. Bank of America Corp DE now owns 2,402,568 shares of the company’s stock valued at $318,340,000 after purchasing an additional 29,909 shares during the period. Envestnet Asset Management Inc. boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 1.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,237,277 shares of the company’s stock worth $330,499,000 after buying an additional 42,650 shares during the period. PNC Financial Services Group Inc. boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 0.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,350,338 shares of the company’s stock worth $178,920,000 after buying an additional 9,695 shares during the period. D.A. Davidson & CO. boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 3.6% in the 1st quarter. D.A. Davidson & CO. now owns 1,091,192 shares of the company’s stock worth $144,583,000 after buying an additional 38,084 shares during the period. Finally, Royal Bank of Canada boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 3.8% in the 1st quarter. Royal Bank of Canada now owns 558,496 shares of the company’s stock worth $74,000,000 after buying an additional 20,382 shares during the period. Institutional investors own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Trading Down 0.9%

iShares S&P Mid-Cap 400 Value ETF stock opened at $139.92 on Thursday. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $123.89 and a 1-year high of $151.81. The firm has a market capitalization of $8.42 billion, a price-to-earnings ratio of 16.13 and a beta of 0.97. The firm has a 50 day simple moving average of $144.79 and a 200 day simple moving average of $143.50.

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.