(IJJ) iShares S&P Mid-Cap 400 - Ratings and Ratios

The iShares S&P Mid-Cap 400 Value ETF (IJJ) tracks the performance of mid-capitalization value stocks in the U.S. equity market, focusing on companies with lower valuations and higher dividend yields relative to their peers. The fund primarily invests at least 80% of its assets in securities from its underlying index, which is designed to measure the performance of mid-cap value stocks. It may also allocate up to 20% of its assets to derivatives like futures, options, and swap contracts, as well as cash and cash equivalents, to enhance returns or hedge against market risks.

From a technical perspective, IJJ is currently trading at $114.72, with a 20-day moving average of $112.71, indicating recent upward momentum. The 50-day moving average of $118.80 and the 200-day moving average of $122.18 suggest that the fund is in a longer-term downtrend. The Average True Range (ATR) of 3.52 reflects moderate volatility. Over the next three months, IJJ is likely to face resistance at its 50-day and 200-day moving averages, with potential support near its 20-day average. Price fluctuations may remain within a range of $110 to $120, influenced by broader market conditions and sector-specific trends.

Fundamentally, IJJ manages approximately $7.08 billion in assets, making it a well-established ETF in the small/mid-cap value category. Its focus on mid-cap value stocks provides exposure to companies that are often overlooked by larger funds but still offer growth potential. The funds expense ratio of 0.18% is relatively low compared to similar ETFs, making it an attractive option for investors seeking cost-effective exposure to the mid-cap value segment.