iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Reaches New 52-Week High – Still a Buy?

Shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $133.31 and last traded at $133.30, with a volume of 92497 shares traded. The stock had previously closed at $131.30.

iShares S&P Mid-Cap 400 Value ETF Stock Up 1.5 %

The stock has a 50-day simple moving average of $125.35 and a two-hundred day simple moving average of $119.65. The firm has a market cap of $8.61 billion, a PE ratio of 14.35 and a beta of 1.08.

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

Several large investors have recently bought and sold shares of the company. RPg Family Wealth Advisory LLC purchased a new position in iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter worth approximately $37,000. Syntrinsic LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter valued at $42,000. GAMMA Investing LLC raised its stake in iShares S&P Mid-Cap 400 Value ETF by 94.3% during the 3rd quarter. GAMMA Investing LLC now owns 338 shares of the company’s stock valued at $42,000 after buying an additional 164 shares during the last quarter. Wolff Wiese Magana LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the 2nd quarter valued at $53,000. Finally, Eastern Bank purchased a new stake in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter valued at $57,000.

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.