Niles Investment Management LLC Purchases Shares of 4,999 iShares S&P Mid-Cap 400 Value ETF $IJJ

Niles Investment Management LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,999 shares of the company’s stock, valued at approximately $658,000. iShares S&P Mid-Cap 400 Value ETF accounts for 0.5% of Niles Investment Management LLC’s holdings, making the stock its 18th largest position.

Several other institutional investors have also added to or reduced their stakes in IJJ. Merrithew & Thorsten Inc purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at about $26,000. Hantz Financial Services Inc. boosted its position in iShares S&P Mid-Cap 400 Value ETF by 776.0% during the third quarter. Hantz Financial Services Inc. now owns 219 shares of the company’s stock valued at $28,000 after buying an additional 194 shares during the period. Caitlin John LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at about $28,000. Toth Financial Advisory Corp purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at about $29,000. Finally, Deutsche Bank AG purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at about $29,000. 66.95% of the stock is currently owned by hedge funds and other institutional investors.

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

iShares S&P Mid-Cap 400 Value ETF stock opened at $146.78 on Friday. The firm has a 50-day moving average of $140.50 and a 200-day moving average of $137.32. The firm has a market cap of $8.78 billion, a P/E ratio of 16.13 and a beta of 0.96. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $120.03 and a 1-year high of $147.35.

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.