JPMorgan Chase & Co. Grows Position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

JPMorgan Chase & Co. raised its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 8.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 425,183 shares of the company’s stock after purchasing an additional 34,011 shares during the period. JPMorgan Chase & Co.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $53,131,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IJJ. Palouse Capital Management Inc. bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $30,000. BankPlus Trust Department bought a new position in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter worth about $31,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth approximately $36,000. Golden State Wealth Management LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth approximately $37,000. Finally, Mainstream Capital Management LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at approximately $37,000.

iShares S&P Mid-Cap 400 Value ETF Stock Down 4.6 %

Shares of NYSEARCA:IJJ opened at $108.02 on Friday. The business’s 50 day moving average is $123.93 and its 200 day moving average is $126.03. The stock has a market cap of $7.06 billion, a P/E ratio of 16.55 and a beta of 1.18. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $106.26 and a 52-week high of $136.42.

iShares S&P Mid-Cap 400 Value ETF Company 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.