D.A. Davidson & CO. Buys 53,291 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ

D.A. Davidson & CO. increased its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 5.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,008,272 shares of the company’s stock after purchasing an additional 53,291 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF accounts for 0.8% of D.A. Davidson & CO.’s portfolio, making the stock its 23rd largest position. D.A. Davidson & CO. owned about 1.66% of iShares S&P Mid-Cap 400 Value ETF worth $130,793,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in IJJ. Quaker Wealth Management LLC lifted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 200.5% during the 2nd quarter. Quaker Wealth Management LLC now owns 217 shares of the company’s stock valued at $27,000 after buying an additional 433 shares during the period. Total Investment Management Inc. purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the second quarter valued at $29,000. Ryan Investment Management Inc. purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the second quarter valued at $31,000. Signature Resources Capital Management LLC lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 44.8% in the second quarter. Signature Resources Capital Management LLC now owns 278 shares of the company’s stock valued at $34,000 after acquiring an additional 86 shares during the period. Finally, Elevation Point Wealth Partners LLC purchased a new position in iShares S&P Mid-Cap 400 Value ETF in the second quarter worth about $61,000. 66.95% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P Mid-Cap 400 Value ETF Stock Up 1.1%

iShares S&P Mid-Cap 400 Value ETF stock opened at $133.07 on Monday. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $102.24 and a 52-week high of $136.20. The company has a market cap of $8.04 billion, a P/E ratio of 16.13 and a beta of 1.05. The business has a 50-day simple moving average of $130.59 and a two-hundred day simple moving average of $128.83.

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.