iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Sets New 12-Month High – What’s Next?

iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $148.28 and last traded at $148.02, with a volume of 33761 shares trading hands. The stock had previously closed at $146.78.

iShares S&P Mid-Cap 400 Value ETF Trading Up 0.5%

The company’s 50-day simple moving average is $143.58 and its 200 day simple moving average is $139.46. The stock has a market cap of $8.78 billion, a P/E ratio of 16.13 and a beta of 0.96.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Evoke Wealth LLC lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 1.2% during the fourth quarter. Evoke Wealth LLC now owns 6,091 shares of the company’s stock worth $802,000 after purchasing an additional 73 shares during the last quarter. Fiduciary Alliance LLC increased its stake in iShares S&P Mid-Cap 400 Value ETF by 1.5% during the first quarter. Fiduciary Alliance LLC now owns 4,842 shares of the company’s stock valued at $670,000 after purchasing an additional 73 shares during the last quarter. Allegheny Financial Group increased its stake in iShares S&P Mid-Cap 400 Value ETF by 0.4% during the fourth quarter. Allegheny Financial Group now owns 19,160 shares of the company’s stock valued at $2,521,000 after purchasing an additional 75 shares during the last quarter. Assetmark Inc. raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 6.9% during the fourth quarter. Assetmark Inc. now owns 1,184 shares of the company’s stock worth $156,000 after purchasing an additional 76 shares during the period. Finally, Robertson Stephens Wealth Management LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 1.4% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 5,564 shares of the company’s stock worth $732,000 after purchasing an additional 79 shares during the period. Institutional investors own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Company 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.