iShares S&P Mid-Cap 400 Value ETF $IJJ Holdings Lifted by Independence Financial Advisors LLC

Independence Financial Advisors LLC lifted its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 9.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 72,279 shares of the company’s stock after buying an additional 5,956 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF makes up 2.5% of Independence Financial Advisors LLC’s investment portfolio, making the stock its 15th largest position. Independence Financial Advisors LLC owned about 0.12% of iShares S&P Mid-Cap 400 Value ETF worth $9,953,000 at the end of the most recent quarter.

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

iShares S&P Mid-Cap 400 Value ETF Trading Up 0.8%

NYSEARCA:IJJ traded up $1.05 on Thursday, reaching $140.20. The stock had a trading volume of 206,073 shares, compared to its average volume of 172,194. The company has a 50-day moving average of $145.69 and a 200 day moving average of $143.17. The stock has a market cap of $8.44 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.