Traub Capital Management LLC Buys New Stake in iShares S&P Mid-Cap 400 Value ETF $IJJ

Traub Capital Management LLC purchased a new position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 538 shares of the company’s stock, valued at approximately $66,000.

A number of other hedge funds also recently bought and sold shares of the business. Avantax Advisory Services Inc. raised its position in shares of iShares S&P Mid-Cap 400 Value ETF by 7.1% during the 1st quarter. Avantax Advisory Services Inc. now owns 21,869 shares of the company’s stock valued at $2,618,000 after buying an additional 1,451 shares in the last quarter. Neumann Capital Management LLC increased its stake in iShares S&P Mid-Cap 400 Value ETF by 1.4% during the second quarter. Neumann Capital Management LLC now owns 27,110 shares of the company’s stock worth $3,350,000 after acquiring an additional 380 shares during the last quarter. Bank of New York Mellon Corp raised its position in iShares S&P Mid-Cap 400 Value ETF by 17.0% during the second quarter. Bank of New York Mellon Corp now owns 479,986 shares of the company’s stock valued at $59,317,000 after purchasing an additional 69,696 shares during the period. Brookstone Capital Management lifted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 6.2% in the 2nd quarter. Brookstone Capital Management now owns 2,279 shares of the company’s stock valued at $282,000 after purchasing an additional 133 shares during the last quarter. Finally, Advisors Capital Management LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 1st quarter valued at approximately $313,000. Hedge funds and other institutional investors own 66.95% of the company’s stock.

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

NYSEARCA IJJ opened at $125.52 on Thursday. The business’s 50 day moving average price is $129.11 and its 200-day moving average price is $126.13. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $102.24 and a fifty-two week high of $136.42. The company has a market cap of $7.61 billion, a P/E ratio of 16.13 and a beta of 1.05.

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.