SB Capital Management Inc Invests $2.54 Million in iShares S&P Mid-Cap 400 Value ETF $IJJ

SB Capital Management Inc acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 19,318 shares of the company’s stock, valued at approximately $2,542,000. iShares S&P Mid-Cap 400 Value ETF comprises about 0.9% of SB Capital Management Inc’s holdings, making the stock its 26th largest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of IJJ. Northwestern Mutual Wealth Management Co. boosted its stake in iShares S&P Mid-Cap 400 Value ETF by 498.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,754,991 shares of the company’s stock valued at $494,119,000 after acquiring an additional 3,127,303 shares during the period. Align Financial LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at approximately $26,805,000. AlphaCore Capital LLC raised its position in shares of iShares S&P Mid-Cap 400 Value ETF by 5,244.2% during the 4th quarter. AlphaCore Capital LLC now owns 165,351 shares of the company’s stock worth $21,759,000 after purchasing an additional 162,257 shares during the period. Vestmark Advisory Solutions Inc. bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter worth about $17,072,000. Finally, UBS Group AG increased its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 5.4% in the 3rd quarter. UBS Group AG now owns 2,154,324 shares of the company’s stock worth $279,459,000 after acquiring an additional 110,590 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 Stock Up 0.8%

Shares of NYSEARCA:IJJ opened at $144.81 on Friday. The company’s 50-day moving average price is $141.42 and its 200 day moving average price is $137.77. The company has a market cap of $8.66 billion, a PE ratio of 16.13 and a beta of 0.96. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $120.03 and a fifty-two week high of $147.99.

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.