Valeo Financial Advisors LLC Buys Shares of 1,723 iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Valeo Financial Advisors LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,723 shares of the company’s stock, valued at approximately $215,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Guidance Point Advisors LLC increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 0.4% in the third quarter. Guidance Point Advisors LLC now owns 19,781 shares of the company’s stock valued at $2,445,000 after buying an additional 83 shares during the period. Citizens Financial Group Inc. RI increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.2% in the third quarter. Citizens Financial Group Inc. RI now owns 8,187 shares of the company’s stock valued at $1,012,000 after buying an additional 96 shares during the period. Fiduciary Financial Group LLC increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 2.9% in the fourth quarter. Fiduciary Financial Group LLC now owns 3,430 shares of the company’s stock valued at $423,000 after buying an additional 98 shares during the period. Farther Finance Advisors LLC grew its stake in iShares S&P Mid-Cap 400 Value ETF by 11.0% during the third quarter. Farther Finance Advisors LLC now owns 1,116 shares of the company’s stock worth $138,000 after purchasing an additional 111 shares during the period. Finally, Kanawha Capital Management LLC grew its stake in iShares S&P Mid-Cap 400 Value ETF by 2.1% during the fourth quarter. Kanawha Capital Management LLC now owns 5,536 shares of the company’s stock worth $692,000 after purchasing an additional 116 shares during the period.

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

NYSEARCA IJJ opened at $129.14 on Wednesday. The business has a 50 day simple moving average of $127.54 and a 200 day simple moving average of $125.41. iShares S&P Mid-Cap 400 Value ETF has a one year low of $109.12 and a one year high of $136.42. The stock has a market capitalization of $8.35 billion, a P/E ratio of 14.35 and a beta of 1.08.

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.