Modera Wealth Management LLC Makes New Investment in iShares S&P Mid-Cap 400 Value ETF $IJJ

Modera Wealth Management LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 30,008 shares of the company’s stock, valued at approximately $4,132,000. Modera Wealth Management LLC owned 0.05% of iShares S&P Mid-Cap 400 Value ETF at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. North Star Investment Management Corp. bought a new stake in iShares S&P Mid-Cap 400 Value ETF in the third quarter valued at $26,000. Cedar Mountain Advisors LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 1st quarter worth about $27,000. Toth Financial Advisory Corp acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter worth about $30,000. American National Bank & Trust acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter worth about $33,000. Finally, Advisortrust Partners LLC bought a new stake in iShares S&P Mid-Cap 400 Value ETF in the 1st quarter valued at about $36,000. 66.95% of the stock is owned by institutional investors and hedge funds.

iShares S&P Mid-Cap 400 Value ETF Stock Down 0.4%

Shares of NYSEARCA:IJJ opened at $145.47 on Friday. The company has a market cap of $8.68 billion, a PE ratio of 16.13 and a beta of 0.97. The company’s 50-day moving average price is $143.24 and its 200 day moving average price is $141.97. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $123.89 and a fifty-two week high of $151.81.

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.