GUNN & Co INVESTMENT MANAGEMENT INC. Makes New Investment in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

GUNN & Co INVESTMENT MANAGEMENT INC. bought a new position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 42,290 shares of the company’s stock, valued at approximately $4,823,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Capital Investment Counsel Inc acquired a new position in iShares S&P Mid-Cap 400 Value ETF in the third quarter valued at about $27,000. Oakworth Capital Inc. boosted its stake in iShares S&P Mid-Cap 400 Value ETF by 79.7% in the third quarter. Oakworth Capital Inc. now owns 539 shares of the company’s stock worth $54,000 after purchasing an additional 239 shares in the last quarter. Earnest Partners LLC grew its holdings 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 worth $57,000 after purchasing an additional 460 shares during the last quarter. Carmichael Hill & Associates Inc. increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 30.0% in the fourth quarter. Carmichael Hill & Associates Inc. now owns 667 shares of the company’s stock valued at $76,000 after buying an additional 154 shares in the last quarter. Finally, Life Planning Partners Inc bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at about $79,000.

iShares S&P Mid-Cap 400 Value ETF Stock Up 1.0 %

Shares of NYSEARCA IJJ opened at $113.77 on Friday. The company has a market cap of $7.35 billion, a price-to-earnings ratio of 13.83 and a beta of 1.10. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $92.79 and a 12-month high of $118.63. The firm’s 50-day simple moving average is $113.76 and its 200 day simple moving average is $109.48.

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.