Midland Wealth Advisors LLC Grows Stock Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

Midland Wealth Advisors LLC raised its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 2.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 599,218 shares of the company’s stock after purchasing an additional 13,041 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF accounts for about 4.1% of Midland Wealth Advisors LLC’s investment portfolio, making the stock its 10th largest position. Midland Wealth Advisors LLC owned approximately 0.97% of iShares S&P Mid-Cap 400 Value ETF worth $74,051,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IJJ. Liberty Wealth Management LLC lifted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 11,352.3% during the 1st quarter. Liberty Wealth Management LLC now owns 420,643 shares of the company’s stock valued at $50,364,000 after buying an additional 416,970 shares in the last quarter. LPL Financial LLC increased its stake in iShares S&P Mid-Cap 400 Value ETF by 25.0% in the 1st quarter. LPL Financial LLC now owns 817,455 shares of the company’s stock worth $97,874,000 after buying an additional 163,256 shares in the last quarter. Wealthspire Advisors LLC raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 123.1% during the first quarter. Wealthspire Advisors LLC now owns 265,060 shares of the company’s stock valued at $31,736,000 after acquiring an additional 146,265 shares during the period. Cullen Frost Bankers Inc. raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 12.2% during the second quarter. Cullen Frost Bankers Inc. now owns 831,931 shares of the company’s stock valued at $102,810,000 after acquiring an additional 90,152 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 17.0% in the second quarter. Bank of New York Mellon Corp now owns 479,986 shares of the company’s stock valued at $59,317,000 after acquiring an additional 69,696 shares in 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 Stock Up 1.2%

NYSEARCA IJJ opened at $128.35 on Monday. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $102.24 and a twelve month high of $136.42. The business has a 50-day moving average price of $129.64 and a 200-day moving average price of $125.50. The firm has a market cap of $7.78 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05.

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.