Hanlon Investment Management Inc. Makes New $251,000 Investment in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Hanlon Investment Management Inc. acquired a new stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,208 shares of the company’s stock, valued at approximately $251,000.

Several other large investors have also modified their holdings of the company. Partnership Wealth Management LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter worth $28,000. Creekmur Asset Management LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $30,000. Transcendent Capital Group LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $46,000. Tidemark LLC acquired a new position in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at about $53,000. Finally, Wolff Wiese Magana LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the 2nd quarter valued at approximately $53,000.

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

iShares S&P Mid-Cap 400 Value ETF stock traded down $1.73 during mid-day trading on Friday, reaching $117.44. 96,217 shares of the company were exchanged, compared to its average volume of 163,101. The firm has a market cap of $7.59 billion, a PE ratio of 14.35 and a beta of 1.08. The firm’s 50-day simple moving average is $118.01 and its two-hundred day simple moving average is $115.46. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $92.79 and a twelve month high of $124.03.

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.