LPL Financial LLC Acquires 48,668 Shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

LPL Financial LLC grew its holdings in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 8.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 654,199 shares of the company’s stock after purchasing an additional 48,668 shares during the period. LPL Financial LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $81,749,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of IJJ. Kestra Private Wealth Services LLC lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 42.9% during the 4th quarter. Kestra Private Wealth Services LLC now owns 4,910 shares of the company’s stock worth $614,000 after buying an additional 1,473 shares during the period. Strategic Financial Concepts LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $247,000. JPMorgan Chase & Co. lifted its stake in shares of 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 acquiring an additional 60,576 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 611.1% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 4,032 shares of the company’s stock valued at $504,000 after acquiring an additional 3,465 shares during the last quarter. Finally, Brookstone Capital Management increased its position in iShares S&P Mid-Cap 400 Value ETF by 10.0% during the 4th quarter. Brookstone Capital Management now owns 2,051 shares of the company’s stock valued at $256,000 after purchasing an additional 187 shares during the period.

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

Shares of NYSEARCA IJJ opened at $121.89 on Wednesday. The company’s 50 day moving average price is $125.76 and its 200-day moving average price is $126.15. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $109.12 and a 52-week high of $136.42. The company has a market capitalization of $7.97 billion, a P/E ratio of 16.55 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.