Synergy Asset Management LLC Makes New $1.22 Million Investment in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Synergy Asset Management LLC purchased a new position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,729 shares of the company’s stock, valued at approximately $1,217,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Lodestar Private Asset Management LLC boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 1.9% during the 2nd quarter. Lodestar Private Asset Management LLC now owns 4,772 shares of the company’s stock valued at $541,000 after acquiring an additional 88 shares during the last quarter. City Holding Co. boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 16.9% during the 1st quarter. City Holding Co. now owns 690 shares of the company’s stock valued at $82,000 after acquiring an additional 100 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 1.5% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 7,551 shares of the company’s stock valued at $892,000 after acquiring an additional 111 shares during the last quarter. Trail Ridge Investment Advisors LLC boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 0.4% during the 4th quarter. Trail Ridge Investment Advisors LLC now owns 27,491 shares of the company’s stock valued at $3,135,000 after acquiring an additional 112 shares during the last quarter. Finally, Sensible Money LLC boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 3.5% during the 1st quarter. Sensible Money LLC now owns 3,330 shares of the company’s stock valued at $394,000 after acquiring an additional 112 shares during the last quarter.

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

Shares of NYSEARCA IJJ traded up $0.59 during midday trading on Friday, reaching $119.76. 4,531 shares of the stock traded hands, compared to its average volume of 162,568. The stock has a market capitalization of $7.74 billion, a PE ratio of 14.35 and a beta of 1.08. iShares S&P Mid-Cap 400 Value ETF has a one year low of $92.79 and a one year high of $124.03. The company’s 50 day moving average is $117.93 and its 200 day moving average is $115.42.

iShares S&P Mid-Cap 400 Value ETF 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.