Ameriprise Financial Inc. Buys 69,868 Shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Ameriprise Financial Inc. increased its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 7.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 987,732 shares of the company’s stock after acquiring an additional 69,868 shares during the quarter. Ameriprise Financial Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $123,442,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of IJJ. Fulton Bank N.A. bought a new position in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at $399,000. InvesTrust bought a new stake in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at $7,772,000. NorthCrest Asset Manangement LLC grew its position in iShares S&P Mid-Cap 400 Value ETF by 0.4% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 40,147 shares of the company’s stock worth $4,963,000 after buying an additional 143 shares in the last quarter. EWG Elevate Inc. bought a new position in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter worth about $2,353,000. Finally, Brookstone Capital Management raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 10.0% in the 4th quarter. Brookstone Capital Management now owns 2,051 shares of the company’s stock valued at $256,000 after acquiring an additional 187 shares in the last quarter.

iShares S&P Mid-Cap 400 Value ETF Trading Up 0.3 %

Shares of NYSEARCA IJJ opened at $116.24 on Thursday. The business has a 50-day moving average of $115.94 and a 200-day moving average of $123.97. The firm has a market capitalization of $7.39 billion, a price-to-earnings ratio of 15.65 and a beta of 1.06. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $102.24 and a 12 month high of $136.42.

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.