Silver Lake Advisory LLC Makes New $524,000 Investment in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Silver Lake Advisory LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,621 shares of the company’s stock, valued at approximately $524,000.

Several other institutional investors have also recently made changes to their positions in IJJ. Midland Wealth Advisors LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at approximately $64,283,000. Liberty Wealth Management LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 2nd quarter worth about $44,561,000. Mesirow Financial Investment Management Inc. purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 1st quarter worth about $26,242,000. Commonwealth Equity Services LLC increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 50.4% in the 1st quarter. Commonwealth Equity Services LLC now owns 426,641 shares of the company’s stock worth $50,467,000 after acquiring an additional 142,982 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in iShares S&P Mid-Cap 400 Value ETF by 95.5% during the 1st quarter. Cetera Investment Advisers now owns 133,825 shares of the company’s stock valued at $15,830,000 after acquiring an additional 65,372 shares during the period.

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

Shares of IJJ opened at $123.30 on Monday. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $92.79 and a fifty-two week high of $124.48. The firm’s 50-day simple moving average is $119.80 and its two-hundred day simple moving average is $116.35. The stock has a market cap of $7.97 billion, a PE ratio of 14.35 and a beta of 1.08.

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.