iShares S&P Mid-Cap 400 Value ETF $IJJ Shares Purchased by Cape Investment Advisory Inc.

Cape Investment Advisory Inc. boosted its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1,771.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,545 shares of the company’s stock after purchasing an additional 2,409 shares during the quarter. Cape Investment Advisory Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $305,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. increased its stake in iShares S&P Mid-Cap 400 Value ETF by 7.1% in the first quarter. Avantax Advisory Services Inc. now owns 21,869 shares of the company’s stock valued at $2,618,000 after purchasing an additional 1,451 shares during the last quarter. CX Institutional purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the first quarter valued at about $27,000. Kingswood Wealth Advisors LLC grew its position in iShares S&P Mid-Cap 400 Value ETF by 40.7% during the first quarter. Kingswood Wealth Advisors LLC now owns 2,404 shares of the company’s stock valued at $288,000 after acquiring an additional 695 shares during the period. National Bank of Canada FI grew its position in iShares S&P Mid-Cap 400 Value ETF by 8.2% during the first quarter. National Bank of Canada FI now owns 1,954 shares of the company’s stock valued at $234,000 after acquiring an additional 148 shares during the period. Finally, GAMMA Investing LLC grew its position in iShares S&P Mid-Cap 400 Value ETF by 11,873.1% during the first quarter. GAMMA Investing LLC now owns 40,469 shares of the company’s stock valued at $4,845,000 after acquiring an additional 40,131 shares during the period. 66.95% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Mid-Cap 400 Value ETF Trading Up 0.4%

IJJ stock opened at $131.93 on Friday. The stock has a 50-day moving average price of $127.24 and a two-hundred day moving average price of $121.64. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $102.24 and a 12-month high of $136.42. The company has a market cap of $8.18 billion, a PE ratio of 16.13 and a beta of 1.17.

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.