D.A. Davidson & CO. Grows Holdings in iShares S&P Mid-Cap 400 Value ETF $IJJ

D.A. Davidson & CO. grew its holdings in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 3.6% in the 1st quarter, Holdings Channel reports. The fund owned 1,091,192 shares of the company’s stock after acquiring an additional 38,084 shares during the period. iShares S&P Mid-Cap 400 Value ETF accounts for about 0.9% of D.A. Davidson & CO.’s investment portfolio, making the stock its 22nd biggest position. D.A. Davidson & CO.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $144,583,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sankala Group LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $28,000. Merrithew & Thorsten Inc acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter valued at approximately $26,000. Cedar Mountain Advisors LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 1st quarter valued at approximately $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter worth approximately $27,000. Finally, Toth Financial Advisory Corp purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter worth approximately $29,000. 66.95% of the stock is owned by hedge funds and other institutional investors.

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

Shares of IJJ opened at $147.16 on Thursday. The firm has a market cap of $8.76 billion, a price-to-earnings ratio of 16.13 and a beta of 0.96. The business’s 50 day moving average is $143.66 and its two-hundred day moving average is $139.55. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $121.37 and a 52-week high of $148.28.

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.