iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC grew its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 20.4% in the fourth quarter, Holdings Channel reports. The fund owned 6,734 shares of the company’s stock after purchasing an additional 1,141 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $768,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Capital Investment Counsel Inc acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the third quarter worth $27,000. Sheets Smith Wealth Management purchased a new stake in iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter valued at about $31,000. Atlas Capital Advisors LLC acquired a new position in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at about $48,000. Oakworth Capital Inc. boosted its stake in iShares S&P Mid-Cap 400 Value ETF by 79.7% during the third quarter. Oakworth Capital Inc. now owns 539 shares of the company’s stock worth $54,000 after buying an additional 239 shares during the period. Finally, Earnest Partners LLC increased its position in shares of iShares S&P Mid-Cap 400 Value ETF by 455.4% during the third quarter. Earnest Partners LLC now owns 561 shares of the company’s stock valued at $57,000 after acquiring an additional 460 shares during the last quarter.

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

Shares of IJJ stock opened at $110.73 on Tuesday. The firm has a market cap of $7.37 billion, a P/E ratio of 13.54 and a beta of 1.17. The firm’s 50 day moving average price is $113.69 and its 200-day moving average price is $108.33. iShares S&P Mid-Cap 400 Value ETF has a one year low of $92.79 and a one year high of $118.63.

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.