Triangle Securities Wealth Management Purchases 3,896 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ

Triangle Securities Wealth Management purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,896 shares of the company’s stock, valued at approximately $536,000.

Several other institutional investors and hedge funds have also modified their holdings of IJJ. Mather Group LLC. bought a new stake in iShares S&P Mid-Cap 400 Value ETF in the third quarter worth $302,000. Meridian Investment Counsel Inc. acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the third quarter worth $915,000. Weil Company Inc. acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the third quarter worth $243,000. First Citizens Bank & Trust Co. bought a new position in iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at about $2,044,000. Finally, Ifrah Financial Services Inc. bought a new position in iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at about $5,250,000. Institutional investors and hedge funds own 66.95% of the company’s stock.

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

NYSEARCA IJJ opened at $139.92 on Thursday. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $123.89 and a fifty-two week high of $151.81. The stock’s 50-day moving average is $144.79 and its two-hundred day moving average is $143.50. The firm has a market cap of $8.42 billion, a P/E ratio of 16.13 and a beta of 0.97.

About iShares S&P Mid-Cap 400 Value ETF

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.