Meridian Wealth Management LLC Makes New Investment in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Meridian Wealth Management LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the 3rd quarter, HoldingsChannel reports. The firm acquired 1,872 shares of the company’s stock, valued at approximately $231,000.

Several other hedge funds have also made changes to their positions in the stock. Liberty Wealth Management LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the second quarter valued at $44,561,000. International Assets Investment Management LLC grew its position in iShares S&P Mid-Cap 400 Value ETF by 12,420.2% in the 3rd quarter. International Assets Investment Management LLC now owns 237,634 shares of the company’s stock worth $29,376,000 after purchasing an additional 235,736 shares during the last quarter. Cetera Investment Advisers increased its position in shares of iShares S&P Mid-Cap 400 Value ETF by 95.5% during the first quarter. Cetera Investment Advisers now owns 133,825 shares of the company’s stock valued at $15,830,000 after purchasing an additional 65,372 shares during the period. Cetera Advisors LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 1,028.5% in the 1st quarter. Cetera Advisors LLC now owns 56,754 shares of the company’s stock worth $6,713,000 after buying an additional 51,725 shares in the last quarter. Finally, Idaho Trust Bank acquired a new position in iShares S&P Mid-Cap 400 Value ETF in the second quarter valued at about $5,618,000.

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

IJJ opened at $135.52 on Tuesday. The stock has a market capitalization of $8.76 billion, a P/E ratio of 14.35 and a beta of 1.08. iShares S&P Mid-Cap 400 Value ETF has a one year low of $102.74 and a one year high of $136.42. The company’s 50 day simple moving average is $125.60 and its 200-day simple moving average is $119.84.

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.