Rialto Wealth Management LLC Takes Position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Rialto Wealth Management LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 384 shares of the company’s stock, valued at approximately $48,000.

A number of other institutional investors have also recently added to or reduced their stakes in IJJ. PNC Financial Services Group Inc. lifted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 3.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,407,669 shares of the company’s stock worth $175,902,000 after purchasing an additional 48,130 shares during the period. D.A. Davidson & CO. lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 1.8% during the 4th quarter. D.A. Davidson & CO. now owns 897,864 shares of the company’s stock worth $112,197,000 after buying an additional 15,739 shares during the period. Raymond James Financial Inc. acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the 4th quarter worth about $106,658,000. JPMorgan Chase & Co. grew its position in shares of iShares S&P Mid-Cap 400 Value ETF by 18.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 391,172 shares of the company’s stock valued at $48,357,000 after buying an additional 60,576 shares during the last quarter. Finally, HighTower Advisors LLC increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 6.9% in the third quarter. HighTower Advisors LLC now owns 363,512 shares of the company’s stock valued at $44,908,000 after buying an additional 23,486 shares during the period.

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

iShares S&P Mid-Cap 400 Value ETF stock opened at $122.21 on Monday. The stock’s 50 day moving average is $126.85 and its 200 day moving average is $126.20. 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 firm has a market cap of $8.35 billion, a P/E ratio of 17.02 and a beta of 1.18.

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.