Idaho Trust Bank Makes New $5.62 Million Investment in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Idaho Trust Bank acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 49,516 shares of the company’s stock, valued at approximately $5,618,000. iShares S&P Mid-Cap 400 Value ETF comprises approximately 2.9% of Idaho Trust Bank’s portfolio, making the stock its 11th largest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Lodestar Private Asset Management LLC lifted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 1.9% during the second quarter. Lodestar Private Asset Management LLC now owns 4,772 shares of the company’s stock valued at $541,000 after purchasing an additional 88 shares during the last quarter. City Holding Co. increased its position in 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 buying an additional 100 shares in the last quarter. Gallacher Capital Management LLC raised its stake in iShares S&P Mid-Cap 400 Value ETF by 5.7% during the second quarter. Gallacher Capital Management LLC now owns 1,860 shares of the company’s stock valued at $211,000 after buying an additional 100 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 1.5% in the first quarter. Hazlett Burt & Watson Inc. now owns 7,551 shares of the company’s stock worth $892,000 after acquiring an additional 111 shares in the last quarter. Finally, Trail Ridge Investment Advisors LLC grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 0.4% in the fourth quarter. Trail Ridge Investment Advisors LLC now owns 27,491 shares of the company’s stock worth $3,135,000 after acquiring an additional 112 shares during the last quarter.

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

IJJ opened at $117.43 on Thursday. The firm has a market cap of $7.59 billion, a PE ratio of 14.35 and a beta of 1.08. The stock has a 50-day moving average price of $118.21 and a 200-day moving average price of $115.59. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $92.79 and a 1 year high of $124.03.

About iShares S&P Mid-Cap 400 Value ETF

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.