iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Hits New 1-Year Low – Time to Sell?

iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)’s share price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $107.51 and last traded at $107.06, with a volume of 63790 shares changing hands. The stock had previously closed at $113.19.

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

The firm has a fifty day simple moving average of $124.38 and a 200 day simple moving average of $126.10. The company has a market capitalization of $7.03 billion, a PE ratio of 16.55 and a beta of 1.18.

Institutional Trading of iShares S&P Mid-Cap 400 Value ETF

Large investors have recently made changes to their positions in the business. HighTower Advisors LLC increased its position in shares of iShares S&P Mid-Cap 400 Value ETF by 6.9% in the third quarter. HighTower Advisors LLC now owns 363,512 shares of the company’s stock valued at $44,908,000 after buying an additional 23,486 shares in the last quarter. IHT Wealth Management LLC boosted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 14.1% during the 3rd quarter. IHT Wealth Management LLC now owns 5,571 shares of the company’s stock worth $687,000 after purchasing an additional 688 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc lifted its position in iShares S&P Mid-Cap 400 Value ETF by 46.3% during the third quarter. Texas Capital Bank Wealth Management Services Inc now owns 6,500 shares of the company’s stock worth $804,000 after buying an additional 2,056 shares in the last quarter. Kovitz Investment Group Partners LLC grew its holdings in iShares S&P Mid-Cap 400 Value ETF by 14.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 11,527 shares of the company’s stock valued at $1,425,000 after buying an additional 1,454 shares in the last quarter. Finally, EP Wealth Advisors LLC increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 2.2% in the 3rd quarter. EP Wealth Advisors LLC now owns 6,675 shares of the company’s stock worth $825,000 after acquiring an additional 146 shares during the last quarter.

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.