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

Meridian Wealth Management LLC bought a new stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,872 shares of the company’s stock, valued at approximately $231,000.

Several other institutional investors have also recently made changes to their positions in the business. Nwam LLC bought a new stake in iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter valued at $1,519,000. Asset Management Group Inc. lifted its position in iShares S&P Mid-Cap 400 Value ETF by 0.7% in the third quarter. Asset Management Group Inc. now owns 90,830 shares of the company’s stock worth $11,228,000 after buying an additional 608 shares during the last quarter. First County Bank CT bought a new position in iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at $263,000. Citizens Financial Group Inc. RI lifted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 1.2% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 8,187 shares of the company’s stock worth $1,012,000 after acquiring an additional 96 shares during the last quarter. Finally, Commerce Bank boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 14.6% during the 3rd quarter. Commerce Bank now owns 25,235 shares of the company’s stock worth $3,120,000 after purchasing an additional 3,208 shares during the period.

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

Shares of NYSEARCA:IJJ opened at $135.52 on Tuesday. The firm has a market capitalization of $8.76 billion, a PE ratio of 14.35 and a beta of 1.08. The business has a 50 day simple moving average of $125.60 and a two-hundred day simple moving average of $119.84. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $102.74 and a 1 year high of $136.42.

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.