Goelzer Investment Management Inc. Purchases New Holdings in iShares S&P Mid-Cap 400 Value ETF $IJJ

Goelzer Investment Management Inc. purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 29,496 shares of the company’s stock, valued at approximately $4,062,000.

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

iShares S&P Mid-Cap 400 Value ETF Trading Down 0.1%

Shares of IJJ opened at $141.41 on Friday. The firm has a fifty day moving average price of $144.46 and a 200-day moving average price of $143.57. The firm has a market capitalization of $8.51 billion, a P/E ratio of 16.13 and a beta of 0.97. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $123.89 and a 12-month high of $151.81.

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.