Northwestern Mutual Wealth Management Co. Raises Stake in iShares S&P Mid-Cap 400 Value ETF $IJJ

Northwestern Mutual Wealth Management Co. increased its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 0.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 633,518 shares of the company’s stock after buying an additional 5,830 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $83,365,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. AlphaCore Capital LLC lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 5,244.2% during the 4th quarter. AlphaCore Capital LLC now owns 165,351 shares of the company’s stock valued at $21,759,000 after acquiring an additional 162,257 shares during the period. Vestmark Advisory Solutions Inc. acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the third quarter worth $17,072,000. UBS Group AG increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 5.4% in the third quarter. UBS Group AG now owns 2,154,324 shares of the company’s stock worth $279,459,000 after acquiring an additional 110,590 shares during the period. Envestnet Asset Management Inc. raised its holdings 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 during the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 681.7% during the second quarter. BNP Paribas Financial Markets now owns 72,700 shares of the company’s stock worth $8,984,000 after purchasing an additional 63,400 shares during the last quarter. 66.95% of the stock is owned by hedge funds and other institutional investors.

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

NYSEARCA IJJ opened at $142.22 on Friday. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $117.79 and a 1 year high of $144.76. The company has a market capitalization of $8.50 billion, a PE ratio of 16.13 and a beta of 0.98. The company has a fifty day moving average of $137.98 and a 200 day moving average of $136.16.

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.