iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Reaches New 52-Week High – Here’s Why

iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJGet Free Report) reached a new 52-week high on Friday . The stock traded as high as $124.57 and last traded at $124.57, with a volume of 92070 shares changing hands. The stock had previously closed at $122.29.

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

The company has a market cap of $8.05 billion, a price-to-earnings ratio of 14.35 and a beta of 1.08. The company has a fifty day moving average of $120.39 and a two-hundred day moving average of $116.90.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Accelerate Investment Advisors LLC acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth about $227,000. HCR Wealth Advisors acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth about $215,000. Syntrinsic LLC acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth about $42,000. Sanibel Captiva Trust Company Inc. bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter worth about $318,000. Finally, Evensky & Katz LLC raised its position in shares of iShares S&P Mid-Cap 400 Value ETF by 2.4% in the 3rd quarter. Evensky & Katz LLC now owns 639,140 shares of the company’s stock worth $79,011,000 after acquiring an additional 15,068 shares in the last quarter.

About iShares S&P Mid-Cap 400 Value ETF

(Get Free Report)

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.

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