Fayez Sarofim & Co Purchases 2,216 Shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Fayez Sarofim & Co raised its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 107.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 4,276 shares of the company’s stock after acquiring an additional 2,216 shares during the period. Fayez Sarofim & Co’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $534,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $106,658,000. Modern Wealth Management LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at approximately $69,402,000. Strategic Financial Concepts LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at $247,000. FMR LLC increased its holdings in iShares S&P Mid-Cap 400 Value ETF by 4.4% during the fourth quarter. FMR LLC now owns 3,366,491 shares of the company’s stock worth $420,677,000 after buying an additional 143,077 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in iShares S&P Mid-Cap 400 Value ETF by 3.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,862,735 shares of the company’s stock worth $232,767,000 after acquiring an additional 67,236 shares in the last quarter.

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

Shares of IJJ opened at $108.78 on Tuesday. The company has a market cap of $6.94 billion, a PE ratio of 14.39 and a beta of 1.06. The firm has a 50-day moving average of $118.82 and a 200-day moving average of $124.78. iShares S&P Mid-Cap 400 Value ETF has a one year low of $102.24 and a one year high of $136.42.

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.