SPC Financial Inc. raised its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ – Free Report) by 0.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 165,136 shares of the company’s stock after purchasing an additional 448 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF accounts for 1.7% of SPC Financial Inc.’s investment portfolio, making the stock its 21st biggest holding. SPC Financial Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $20,407,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its stake in iShares S&P Mid-Cap 400 Value ETF by 6.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,978,891 shares of the company’s stock valued at $236,933,000 after purchasing an additional 116,156 shares during the period. PNC Financial Services Group Inc. raised its stake in iShares S&P Mid-Cap 400 Value ETF by 0.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,415,718 shares of the company’s stock valued at $169,504,000 after purchasing an additional 8,049 shares during the period. D.A. Davidson & CO. raised its stake in iShares S&P Mid-Cap 400 Value ETF by 2.8% during the 1st quarter. D.A. Davidson & CO. now owns 922,596 shares of the company’s stock valued at $110,462,000 after purchasing an additional 24,732 shares during the period. Raymond James Financial Inc. raised its stake in iShares S&P Mid-Cap 400 Value ETF by 2.7% during the 1st quarter. Raymond James Financial Inc. now owns 876,953 shares of the company’s stock valued at $104,997,000 after purchasing an additional 23,414 shares during the period. Finally, LPL Financial LLC raised its stake in iShares S&P Mid-Cap 400 Value ETF by 25.0% during the 1st quarter. LPL Financial LLC now owns 817,455 shares of the company’s stock valued at $97,874,000 after purchasing an additional 163,256 shares during the period. 66.95% of the stock is owned by institutional investors and hedge funds.
iShares S&P Mid-Cap 400 Value ETF Stock Down 2.9%
Shares of NYSEARCA:IJJ opened at $125.45 on Friday. The company’s fifty day moving average is $128.95 and its two-hundred day moving average is $123.01. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $102.24 and a 12-month high of $136.42. The company has a market cap of $7.68 billion, a P/E ratio of 16.13 and a beta of 1.17.
iShares S&P Mid-Cap 400 Value ETF Company 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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