Sowell Financial Services LLC Buys New Shares in iShares S&P Mid-Cap 400 Value ETF $IJJ

Sowell Financial Services LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 15,937 shares of the company’s stock, valued at approximately $2,195,000.

A number of other hedge funds have also made changes to their positions in IJJ. Bank of America Corp DE increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.3% in the first quarter. Bank of America Corp DE now owns 2,402,568 shares of the company’s stock worth $318,340,000 after buying an additional 29,909 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in 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 acquiring an additional 42,650 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in iShares S&P Mid-Cap 400 Value ETF by 0.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,350,338 shares of the company’s stock valued at $178,920,000 after acquiring an additional 9,695 shares during the last quarter. D.A. Davidson & CO. boosted its stake 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 acquiring an additional 38,084 shares during the last quarter. Finally, Royal Bank of Canada boosted 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 valued at $74,000,000 after acquiring an additional 20,382 shares during the last quarter. Institutional investors and hedge funds own 66.95% of the company’s stock.

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

Shares of IJJ stock opened at $143.96 on Friday. The firm has a market cap of $8.62 billion, a P/E ratio of 16.13 and a beta of 0.97. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $123.89 and a 1-year high of $151.81. The firm has a fifty day moving average of $143.84 and a two-hundred day moving average of $143.94.

iShares S&P Mid-Cap 400 Value ETF Company 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.