iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Sees Unusually-High Trading Volume – What’s Next?

iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) saw strong trading volume on Tuesday . 1,325,094 shares changed hands during trading, an increase of 289% from the previous session’s volume of 340,849 shares.The stock last traded at $128.81 and had previously closed at $127.85.

iShares S&P Mid-Cap 400 Value ETF Stock Up 1.0 %

The company has a market cap of $8.35 billion, a PE ratio of 14.35 and a beta of 1.08. The stock has a 50-day moving average of $127.54 and a 200-day moving average of $125.41.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Orion Capital Management LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at about $25,000. Palouse Capital Management Inc. bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at about $30,000. BankPlus Trust Department bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at about $31,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at about $36,000. Finally, RPg Family Wealth Advisory LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at about $37,000.

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.