15,937 Shares in iShares S&P Mid-Cap 400 Value ETF $IJJ Acquired by Sowell Financial Services LLC

Sowell Financial Services LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the third quarter, HoldingsChannel reports. The firm bought 15,937 shares of the company’s stock, valued at approximately $2,195,000.

Several other hedge funds also recently made changes to their positions in IJJ. Carnegie Investment Counsel bought a new position in iShares S&P Mid-Cap 400 Value ETF during the third quarter worth $284,000. Ironwood Financial llc acquired a new position in iShares S&P Mid-Cap 400 Value ETF in the third quarter worth $5,247,000. Sensible Money LLC boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 2.4% in the third quarter. Sensible Money LLC now owns 3,391 shares of the company’s stock worth $467,000 after purchasing an additional 80 shares during the period. Cypress Capital LLC acquired a new position in iShares S&P Mid-Cap 400 Value ETF in the third quarter worth $865,000. Finally, Net Worth Advisory Group boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 3.0% in the third quarter. Net Worth Advisory Group now owns 3,983 shares of the company’s stock worth $554,000 after purchasing an additional 117 shares during the period. Institutional investors and hedge funds own 66.95% of the company’s stock.

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

IJJ stock opened at $143.96 on Friday. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $123.89 and a 1-year high of $151.81. The firm has a fifty day moving average price of $143.84 and a two-hundred day moving average price of $143.94. The firm has a market cap of $8.62 billion, a price-to-earnings ratio of 16.13 and a beta of 0.97.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.