38,125 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ Purchased by Ifrah Financial Services Inc.

Ifrah Financial Services Inc. purchased a new stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 38,125 shares of the company’s stock, valued at approximately $5,250,000. iShares S&P Mid-Cap 400 Value ETF comprises 1.3% of Ifrah Financial Services Inc.’s holdings, making the stock its 24th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sankala Group LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $28,000. Cedar Mountain Advisors LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the first quarter worth about $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $27,000. Toth Financial Advisory Corp acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at about $30,000. Finally, American National Bank & Trust acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at about $33,000. 66.95% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P Mid-Cap 400 Value ETF Stock Up 0.5%

IJJ opened at $141.12 on Wednesday. The company has a market cap of $8.50 billion, a P/E ratio of 16.13 and a beta of 0.97. The firm’s 50-day moving average price is $145.00 and its 200-day moving average price is $143.44. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $123.89 and a 52-week high of $151.81.

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.