PNC Financial Services Group Inc. Acquires 22,215 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ

PNC Financial Services Group Inc. boosted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,340,643 shares of the company’s stock after purchasing an additional 22,215 shares during the period. PNC Financial Services Group Inc. owned about 2.22% of iShares S&P Mid-Cap 400 Value ETF worth $176,415,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Caprock Group LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at approximately $1,804,000. Concurrent Investment Advisors LLC boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 70.6% in the fourth quarter. Concurrent Investment Advisors LLC now owns 18,184 shares of the company’s stock valued at $2,393,000 after acquiring an additional 7,524 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares S&P Mid-Cap 400 Value ETF by 1.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 429,149 shares of the company’s stock valued at $55,669,000 after purchasing an additional 6,362 shares during the period. Genesis Private Wealth LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter worth $1,229,000. Finally, Cooke Wealth Management LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter worth $2,889,000. Institutional investors own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Trading Up 1.7%

NYSEARCA:IJJ opened at $139.68 on Thursday. The company has a 50-day moving average price of $136.60 and a 200-day moving average price of $135.54. The stock has a market cap of $8.35 billion, a price-to-earnings ratio of 16.13 and a beta of 0.98. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $117.41 and a 12 month high of $144.76.

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.