iShares S&P Mid-Cap 400 Value ETF $IJJ Shares Purchased by M1 Capital Management LLC

M1 Capital Management LLC boosted its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1,537.0% during the second quarter, Holdings Channel.com reports. The fund owned 29,122 shares of the company’s stock after acquiring an additional 27,343 shares during the period. iShares S&P Mid-Cap 400 Value ETF accounts for 1.8% of M1 Capital Management LLC’s investment portfolio, making the stock its 13th largest holding. M1 Capital Management LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $3,599,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in IJJ. Liberty Wealth Management LLC grew its stake in iShares S&P Mid-Cap 400 Value ETF by 11,352.3% in the 1st quarter. Liberty Wealth Management LLC now owns 420,643 shares of the company’s stock valued at $50,364,000 after acquiring an additional 416,970 shares during the last quarter. World Investment Advisors grew its stake in iShares S&P Mid-Cap 400 Value ETF by 3,213.7% in the 1st quarter. World Investment Advisors now owns 222,382 shares of the company’s stock valued at $26,626,000 after acquiring an additional 215,671 shares during the last quarter. LPL Financial LLC lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 25.0% in the 1st quarter. LPL Financial LLC now owns 817,455 shares of the company’s stock valued at $97,874,000 after purchasing an additional 163,256 shares in the last quarter. Wealthspire Advisors LLC lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 123.1% in the 1st quarter. Wealthspire Advisors LLC now owns 265,060 shares of the company’s stock valued at $31,736,000 after purchasing an additional 146,265 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 6.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,978,891 shares of the company’s stock valued at $236,933,000 after purchasing an additional 116,156 shares in the last quarter. 66.95% of the stock is owned by institutional investors and hedge funds.

iShares S&P Mid-Cap 400 Value ETF Trading Down 1.1%

NYSEARCA:IJJ opened at $129.20 on Friday. The firm has a market cap of $7.91 billion, a price-to-earnings ratio of 16.13 and a beta of 1.17. The company’s 50-day moving average is $128.89 and its two-hundred day moving average is $122.97. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $102.24 and a 12-month high of $136.42.

iShares S&P Mid-Cap 400 Value ETF 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.