Gerald Baker Financial Group LLC Takes $1.48 Million Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

Gerald Baker Financial Group LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 11,817 shares of the company’s stock, valued at approximately $1,477,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IJJ. Sankala Group LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $28,000. Merrithew & Thorsten Inc acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at about $26,000. Cedar Mountain Advisors LLC purchased a new position in iShares S&P Mid-Cap 400 Value ETF during the 1st quarter worth approximately $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth approximately $27,000. Finally, Toth Financial Advisory Corp purchased a new stake in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at approximately $29,000. 66.95% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Mid-Cap 400 Value ETF Trading Up 1.4%

IJJ stock opened at $149.29 on Friday. The company has a market capitalization of $8.88 billion, a P/E ratio of 16.13 and a beta of 0.96. The business has a 50 day simple moving average of $143.82 and a 200-day simple moving average of $139.66. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $121.37 and a twelve month high of $149.30.

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