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

The iShares S&P Mid-Cap 400 Value ETF (IJJ) is designed to track the performance of the mid-capitalization value segment of the US stock market, providing investors with exposure to a diversified portfolio of mid-cap value stocks.

The funds investment strategy involves allocating at least 80% of its assets to the constituent securities of the S&P MidCap 400 Value Index, as well as other investments that mimic the economic characteristics of these securities. The remaining 20% can be invested in derivatives such as futures, options, and swap contracts, as well as cash and cash equivalents, allowing for flexibility in managing the portfolio.

As a Small Value ETF, IJJ is likely to attract investors seeking to capitalize on the potential for long-term growth in the mid-cap value segment, which has historically been a fertile ground for value investors. The funds underlying index is comprised of companies with market capitalizations that are generally considered to be in the mid-range, offering a balance between the growth potential of smaller companies and the stability of larger ones.

Analyzing the available technical data, we observe that the current price of IJJ is $121.12, slightly above its 20-day Simple Moving Average (SMA) of $120.61, indicating a short-term bullish trend. The 50-day SMA is $116.46, suggesting a longer-term uptrend. However, the 200-day SMA is $122.62, which is slightly above the current price, potentially indicating a resistance level. The Average True Range (ATR) is 1.76, or 1.45%, indicating moderate volatility.

Combining the technical analysis with fundamental data, we note that the Assets Under Management (AUM) for IJJ stand at $7.52 billion, indicating a sizable and liquid ETF. Given the current technical trends and the funds investment strategy, a potential forecast is that IJJ may continue to experience a bullish trend in the short term, potentially testing the 52-week high of $134.35. However, if the price fails to break through the 200-day SMA resistance, it may consolidate or experience a pullback. Investors should monitor the price action and adjust their strategies accordingly.

For further information and updates on IJJ, investors can visit the iShares website at http://www.ishares.com.