March 8, 2021 Mid cap equities are lauded for their ability to strike a balance between large cap stability and small cap growth. Rather than deep dive into a vast sea of mid cap equities, investors can narrow their exposure to the top 400 value-oriented mid caps with the IJJ seeks to track the investment results of the S&P MidCap 400 Value IndexTM, which measures the performance of the mid-capitalization value sector of the U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index.