Cadence Bank Makes New $806,000 Investment in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Cadence Bank purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,520 shares of the company’s stock, valued at approximately $806,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Syntrinsic LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth about $42,000. GAMMA Investing LLC lifted its position 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 worth $42,000 after acquiring an additional 164 shares during the period. Wolff Wiese Magana LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 2nd quarter worth about $53,000. Eastern Bank acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter valued at about $57,000. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 36.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 547 shares of the company’s stock valued at $62,000 after buying an additional 145 shares during the period.

iShares S&P Mid-Cap 400 Value ETF Stock Down 0.3 %

Shares of IJJ stock opened at $134.36 on Thursday. The stock has a market cap of $8.69 billion, a PE ratio of 14.35 and a beta of 1.08. The business has a 50-day simple moving average of $126.14 and a 200-day simple moving average of $120.10. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $102.74 and a 52-week high of $136.42.

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.