PNC Financial Services Group Inc. Grows Holdings in iShares S&P Mid-Cap 400 Value ETF $IJJ

PNC Financial Services Group Inc. increased its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,318,428 shares of the company’s stock after acquiring an additional 18,791 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $171,026,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of IJJ. Quaker Wealth Management LLC lifted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 200.5% during the 2nd quarter. Quaker Wealth Management LLC now owns 217 shares of the company’s stock worth $27,000 after purchasing an additional 433 shares during the period. Hantz Financial Services Inc. boosted its stake in iShares S&P Mid-Cap 400 Value ETF by 776.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 219 shares of the company’s stock worth $28,000 after buying an additional 194 shares during the last quarter. Total Investment Management Inc. acquired a new stake in iShares S&P Mid-Cap 400 Value ETF in the 2nd quarter worth about $29,000. Absher Wealth Management LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter valued at about $36,000. Finally, CX Institutional increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 58.5% during the 3rd quarter. CX Institutional now owns 363 shares of the company’s stock valued at $47,000 after acquiring an additional 134 shares during the last quarter. Institutional investors and hedge funds own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Stock Performance

IJJ opened at $142.20 on Monday. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $102.24 and a 1 year high of $144.76. The company’s 50 day simple moving average is $136.58 and its 200 day simple moving average is $131.57. The stock has a market capitalization of $8.60 billion, a PE ratio of 16.13 and a beta of 1.05.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.