Penobscot Investment Management Company Inc. Grows Stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Penobscot Investment Management Company Inc. raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 5.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,461 shares of the company’s stock after buying an additional 130 shares during the period. Penobscot Investment Management Company Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $281,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IJJ. Capital Investment Counsel Inc acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at about $27,000. Oakworth Capital Inc. increased its stake in iShares S&P Mid-Cap 400 Value ETF by 79.7% during the 3rd quarter. Oakworth Capital Inc. now owns 539 shares of the company’s stock valued at $54,000 after purchasing an additional 239 shares in the last quarter. Earnest Partners LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 455.4% in the third quarter. Earnest Partners LLC now owns 561 shares of the company’s stock worth $57,000 after buying an additional 460 shares during the last quarter. Carmichael Hill & Associates Inc. raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 30.0% in the fourth quarter. Carmichael Hill & Associates Inc. now owns 667 shares of the company’s stock worth $76,000 after buying an additional 154 shares during the last quarter. Finally, Life Planning Partners Inc acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth $79,000.

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

Shares of IJJ opened at $111.28 on Thursday. The company’s fifty day moving average price is $113.72 and its 200-day moving average price is $109.30. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $92.79 and a 1-year high of $118.63. The firm has a market capitalization of $7.19 billion, a PE ratio of 13.83 and a beta of 1.10.

iShares S&P Mid-Cap 400 Value ETF Company 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.