iShares S&P Mid-Cap 400 Value ETF $IJJ Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC boosted its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 4.5% during the 3rd quarter, Holdings Channel reports. The fund owned 415,820 shares of the company’s stock after acquiring an additional 17,737 shares during the quarter. HighTower Advisors LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $53,943,000 as of its most recent SEC filing.

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

Shares of NYSEARCA IJJ opened at $142.20 on Tuesday. The company has a market capitalization of $8.60 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05. The business has a 50-day moving average of $136.79 and a two-hundred day moving average of $131.69. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $102.24 and a 1 year 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.