JPL Wealth Management LLC Invests $257,000 in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

JPL Wealth Management LLC bought a new stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,053 shares of the company’s stock, valued at approximately $257,000.

A number of other institutional investors have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 3.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,407,669 shares of the company’s stock valued at $175,902,000 after buying an additional 48,130 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 1.8% during the fourth quarter. D.A. Davidson & CO. now owns 897,864 shares of the company’s stock worth $112,197,000 after purchasing an additional 15,739 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $106,658,000. JPMorgan Chase & Co. lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 18.3% in the third quarter. JPMorgan Chase & Co. now owns 391,172 shares of the company’s stock worth $48,357,000 after buying an additional 60,576 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 7.4% in the fourth quarter. HighTower Advisors LLC now owns 390,496 shares of the company’s stock worth $48,796,000 after buying an additional 26,984 shares during the period.

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

Shares of IJJ opened at $118.65 on Thursday. The company has a 50-day simple moving average of $126.65 and a two-hundred day simple moving average of $126.18. iShares S&P Mid-Cap 400 Value ETF has a one year low of $109.12 and a one year high of $136.42. The firm has a market capitalization of $8.11 billion, a PE ratio of 17.02 and a beta of 1.18.

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.