Ironwood Financial llc Makes New Investment in iShares S&P Mid-Cap 400 Value ETF $IJJ

Ironwood Financial llc acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 38,099 shares of the company’s stock, valued at approximately $5,247,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. grew its position in shares of 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 valued at $330,499,000 after purchasing an additional 42,650 shares during the period. Bank of America Corp DE increased its stake 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. increased its stake 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 in the last quarter. D.A. Davidson & CO. raised its position in shares of 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 worth $144,583,000 after purchasing an additional 38,084 shares during the last quarter. Finally, Royal Bank of Canada raised its position in shares of 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 purchasing an additional 20,382 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 Trading Up 1.3%

Shares of iShares S&P Mid-Cap 400 Value ETF stock opened at $142.81 on Wednesday. The firm has a market capitalization of $8.58 billion, a PE ratio of 16.13 and a beta of 0.97. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $123.89 and a twelve month high of $151.81. The firm’s 50-day moving average price is $144.13 and its 200 day moving average price is $143.80.

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.