Orion Portfolio Solutions LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 997 shares of the company’s stock, valued at approximately $170,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Johanson Financial Advisors Inc. acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at $988,000. Stifel Financial Corp boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 12.5% during the 3rd quarter. Stifel Financial Corp now owns 643,970 shares of the company’s stock worth $102,984,000 after acquiring an additional 71,766 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 5.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 566,727 shares of the company’s stock worth $96,757,000 after acquiring an additional 28,437 shares in the last quarter. Stokes Family Office LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the 4th quarter worth about $4,583,000. Finally, Credit Suisse AG boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 145.8% during the 4th quarter. Credit Suisse AG now owns 39,706 shares of the company’s stock worth $6,779,000 after acquiring an additional 23,554 shares in the last quarter.

Shares of NYSEARCA IJJ traded up $3.03 during trading hours on Wednesday, hitting $106.58. 530,800 shares of the company’s stock were exchanged, compared to its average volume of 275,502. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $90.68 and a 1-year high of $173.51. The company’s 50-day moving average price is $145.04 and its 200-day moving average price is $159.91.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 26th will be given a dividend of $0.9947 per share. This represents a $3.98 annualized dividend and a dividend yield of 3.73%. The ex-dividend date is Wednesday, March 25th. This is a boost from iShares S&P Mid-Cap 400 Value ETF’s previous quarterly dividend of $0.85.

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.

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Institutional Ownership by Quarter for iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

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