Ramiah Investment Group Has $1.01 Million Holdings in iShares S&P Mid-Cap 400 Value ETF $IJJ

Ramiah Investment Group decreased its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 68.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 7,645 shares of the company’s stock after selling 16,556 shares during the period. iShares S&P Mid-Cap 400 Value ETF comprises 0.9% of Ramiah Investment Group’s holdings, making the stock its 19th largest position. Ramiah Investment Group’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,013,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IJJ. Merrithew & Thorsten Inc bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at about $26,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at approximately $27,000. Cedar Mountain Advisors LLC acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the first quarter valued at approximately $27,000. Caitlin John LLC bought a new stake in iShares S&P Mid-Cap 400 Value ETF in the third quarter valued at approximately $28,000. Finally, Sankala Group LLC bought a new stake in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at approximately $28,000. Institutional investors own 66.95% of the company’s stock.

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

IJJ opened at $147.57 on Friday. The firm’s fifty day moving average is $142.32 and its two-hundred day moving average is $138.32. The firm has a market cap of $8.82 billion, a PE ratio of 16.13 and a beta of 0.96. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $121.37 and a twelve month high of $148.11.

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.