Farther Finance Advisors LLC Boosts Stock Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

Farther Finance Advisors LLC lifted its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 936.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,748 shares of the company’s stock after purchasing an additional 12,421 shares during the period. Farther Finance Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,809,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of IJJ. Hantz Financial Services Inc. boosted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 776.0% during the third quarter. Hantz Financial Services Inc. now owns 219 shares of the company’s stock worth $28,000 after purchasing an additional 194 shares during the period. Caitlin John LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter worth about $28,000. Toth Financial Advisory Corp purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $29,000. Capital Investment Counsel Inc purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $35,000. Finally, Absher Wealth Management LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter worth about $36,000. 66.95% of the stock is currently owned by hedge funds and other institutional investors.

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

iShares S&P Mid-Cap 400 Value ETF stock opened at $141.47 on Monday. The firm has a 50-day moving average of $136.54 and a 200-day moving average of $133.87. The firm has a market cap of $8.48 billion, a P/E ratio of 16.13 and a beta of 1.00. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $107.72 and a 1-year high of $144.76.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.