Cypress Capital LLC Purchases New Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

Cypress Capital LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 6,282 shares of the company’s stock, valued at approximately $865,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bank of America Corp DE boosted its position in iShares S&P Mid-Cap 400 Value ETF by 1.3% during the 1st quarter. Bank of America Corp DE now owns 2,402,568 shares of the company’s stock worth $318,340,000 after acquiring an additional 29,909 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.9% during the second quarter. Envestnet Asset Management Inc. now owns 2,237,277 shares of the company’s stock valued at $330,499,000 after purchasing an additional 42,650 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 0.7% in the first quarter. PNC Financial Services Group Inc. now owns 1,350,338 shares of the company’s stock worth $178,920,000 after purchasing an additional 9,695 shares during the period. D.A. Davidson & CO. grew its position in iShares S&P Mid-Cap 400 Value ETF by 3.6% in the 1st quarter. D.A. Davidson & CO. now owns 1,091,192 shares of the company’s stock valued at $144,583,000 after buying an additional 38,084 shares in the last quarter. Finally, Royal Bank of Canada grew its position in iShares S&P Mid-Cap 400 Value ETF by 3.8% in the 1st quarter. Royal Bank of Canada now owns 558,496 shares of the company’s stock valued at $74,000,000 after buying an additional 20,382 shares in the last quarter. 66.95% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Mid-Cap 400 Value ETF Stock Up 1.0%

iShares S&P Mid-Cap 400 Value ETF stock traded up $1.36 during trading hours on Tuesday, hitting $142.40. 70,531 shares of the company traded hands, compared to its average volume of 173,538. The firm has a market cap of $8.56 billion, a P/E ratio of 16.13 and a beta of 0.97. The firm’s 50-day simple moving average is $144.29 and its two-hundred day simple moving average is $143.73. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $123.89 and a 1-year high of $151.81.

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.