Northwestern Mutual Wealth Management Co. Acquires 35,310 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ

Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 6.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 626,380 shares of the company’s stock after buying an additional 35,310 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 1.01% of iShares S&P Mid-Cap 400 Value ETF worth $77,408,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IJJ. Neumann Capital Management LLC boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.4% during the second quarter. Neumann Capital Management LLC now owns 27,110 shares of the company’s stock valued at $3,350,000 after purchasing an additional 380 shares during the period. Bank of New York Mellon Corp raised its holdings in 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 worth $59,317,000 after purchasing an additional 69,696 shares in the last quarter. Brookstone Capital Management lifted its position in iShares S&P Mid-Cap 400 Value ETF by 6.2% during the 2nd quarter. Brookstone Capital Management now owns 2,279 shares of the company’s stock valued at $282,000 after acquiring an additional 133 shares during the period. Atlantic Union Bankshares Corp boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 110.0% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 3,515 shares of the company’s stock worth $434,000 after purchasing an additional 1,841 shares in the last quarter. Finally, Advisors Capital Management LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the first quarter valued at $313,000. 66.95% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of iShares S&P Mid-Cap 400 Value ETF stock opened at $131.99 on Friday. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $102.24 and a 52-week high of $135.11. The company has a 50-day simple moving average of $128.90 and a two-hundred day simple moving average of $126.63. The stock has a market capitalization of $8.00 billion, a PE ratio of 16.13 and a beta of 1.05.

About iShares S&P Mid-Cap 400 Value ETF

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.