Rehmann Capital Advisory Group Has $31.54 Million Stock Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

Rehmann Capital Advisory Group lifted its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 4.6% in the 4th quarter, HoldingsChannel reports. The firm owned 237,719 shares of the company’s stock after acquiring an additional 10,453 shares during the period. iShares S&P Mid-Cap 400 Value ETF makes up 1.6% of Rehmann Capital Advisory Group’s portfolio, making the stock its 9th largest holding. Rehmann Capital Advisory Group’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $31,535,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Merrithew & Thorsten Inc purchased a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at $26,000. Caitlin John LLC bought a new stake in iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at about $28,000. Sankala Group LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $28,000. Toth Financial Advisory Corp purchased a new stake in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $29,000. Finally, Deutsche Bank AG bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $29,000. 66.95% of the stock is owned by institutional investors.

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

NYSEARCA IJJ opened at $144.81 on Friday. iShares S&P Mid-Cap 400 Value ETF has a 52 week low of $120.03 and a 52 week high of $147.99. The company has a market capitalization of $8.66 billion, a P/E ratio of 16.13 and a beta of 0.96. The stock’s 50-day moving average price is $141.56 and its 200-day moving average price is $137.82.

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.