MidFirst Bank Invests $7.24 Million in iShares S&P Mid-Cap 400 Value ETF $IJJ

MidFirst Bank purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 54,993 shares of the company’s stock, valued at approximately $7,237,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 52.2% in the 4th quarter. Brighton Jones LLC now owns 5,797 shares of the company’s stock worth $724,000 after acquiring an additional 1,988 shares during the last quarter. AQR Capital Management LLC boosted its stake in iShares S&P Mid-Cap 400 Value ETF by 268.5% during the 1st quarter. AQR Capital Management LLC now owns 19,501 shares of the company’s stock valued at $2,335,000 after purchasing an additional 14,209 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in iShares S&P Mid-Cap 400 Value ETF by 5.6% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,910 shares of the company’s stock valued at $348,000 after purchasing an additional 154 shares during the last quarter. NewEdge Advisors LLC boosted its stake in iShares S&P Mid-Cap 400 Value ETF by 15.8% during the 1st quarter. NewEdge Advisors LLC now owns 9,103 shares of the company’s stock valued at $1,090,000 after purchasing an additional 1,242 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 163.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 73,433 shares of the company’s stock worth $8,792,000 after purchasing an additional 45,589 shares in the last quarter. Institutional investors own 66.95% of the company’s stock.

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

IJJ stock opened at $144.81 on Friday. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $120.03 and a 1-year high of $147.99. The business has a fifty day moving average price of $141.42 and a 200-day moving average price of $137.77. The stock has a market capitalization of $8.66 billion, a P/E ratio of 16.13 and a beta of 0.96.

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.