PNC Financial Services Group Inc. Raises Stock Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

PNC Financial Services Group Inc. grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm 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. owned about 2.18% of iShares S&P Mid-Cap 400 Value ETF worth $171,026,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of IJJ. Bank of America Corp DE boosted its position in iShares S&P Mid-Cap 400 Value ETF by 0.8% during the second quarter. Bank of America Corp DE now owns 2,392,099 shares of the company’s stock worth $295,616,000 after purchasing an additional 19,672 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 4.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,968,545 shares of the company’s stock worth $255,360,000 after buying an additional 80,204 shares during the last quarter. D.A. Davidson & CO. raised its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 5.6% during the 3rd quarter. D.A. Davidson & CO. now owns 1,008,272 shares of the company’s stock worth $130,793,000 after buying an additional 53,291 shares during the last quarter. Cullen Frost Bankers Inc. boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 0.4% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 834,862 shares of the company’s stock worth $108,298,000 after buying an additional 2,931 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in iShares S&P Mid-Cap 400 Value ETF by 6.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 626,380 shares of the company’s stock valued at $77,408,000 after acquiring an additional 35,310 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 Trading Up 0.8%

NYSEARCA:IJJ opened at $142.20 on Monday. The company has a market capitalization of $8.60 billion, a P/E ratio of 16.13 and a beta of 1.05. The firm has a 50-day moving average price of $136.58 and a two-hundred day moving average price of $131.57. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $102.24 and a twelve month high of $144.76.

iShares S&P Mid-Cap 400 Value ETF 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.