First Citizens Asset Management Inc. Buys Shares of 5,345 iShares S&P Mid-Cap 400 Value ETF $IJJ

First Citizens Asset Management Inc. acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the third quarter, Holdings Channel reports. The institutional investor acquired 5,345 shares of the company’s stock, valued at approximately $693,000. iShares S&P Mid-Cap 400 Value ETF accounts for about 0.2% of First Citizens Asset Management Inc.’s holdings, making the stock its 15th largest holding.

A number of other large investors also recently bought and sold shares of the stock. Murphy Middleton Hinkle & Parker Inc. boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 27.9% during the 3rd quarter. Murphy Middleton Hinkle & Parker Inc. now owns 10,830 shares of the company’s stock worth $1,405,000 after purchasing an additional 2,365 shares during the period. Jones Financial Companies Lllp raised its position in iShares S&P Mid-Cap 400 Value ETF by 15.8% in the third quarter. Jones Financial Companies Lllp now owns 254,210 shares of the company’s stock valued at $32,996,000 after purchasing an additional 34,679 shares during the period. Meridian Wealth Management LLC lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 159.9% during the third quarter. Meridian Wealth Management LLC now owns 4,935 shares of the company’s stock worth $640,000 after purchasing an additional 3,036 shares in the last quarter. Flaharty Asset Management LLC boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 4.7% during the third quarter. Flaharty Asset Management LLC now owns 103,452 shares of the company’s stock worth $13,419,000 after buying an additional 4,627 shares during the period. Finally, Hazlett Burt & Watson Inc. boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 3.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 8,634 shares of the company’s stock worth $1,121,000 after buying an additional 253 shares during the period. Institutional investors and hedge funds own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Trading Up 0.7%

IJJ stock opened at $137.77 on Tuesday. The business’s fifty day moving average price is $134.75 and its 200 day moving average price is $130.65. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $102.24 and a 12-month high of $140.90. The company has a market capitalization of $8.33 billion, a PE ratio of 16.13 and a beta of 1.05.

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.