Bangor Savings Bank Purchases 12,083 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ

Bangor Savings Bank acquired a new position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 12,083 shares of the company’s stock, valued at approximately $1,664,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MidFirst Bank bought a new position in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter worth approximately $7,237,000. MV Capital Management Inc. bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at approximately $530,000. Compass Financial Group Inc. Ohio acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the 4th quarter valued at approximately $1,134,000. Blue Edge Capital LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the 2nd quarter valued at approximately $11,447,000. Finally, Hyundai Investments Co. Ltd. bought a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth $609,000. 66.95% of the stock is owned by hedge funds and other institutional investors.

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

IJJ traded up $0.50 during trading hours on Tuesday, hitting $141.26. 201,960 shares of the stock were exchanged, compared to its average volume of 171,930. The stock has a market cap of $8.55 billion, a price-to-earnings ratio of 16.13 and a beta of 0.97. The stock has a 50-day simple moving average of $146.04 and a 200-day simple moving average of $143.03. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $123.89 and a 12 month high of $151.81.

About iShares S&P Mid-Cap 400 Value ETF

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.