Cullen Frost Bankers Inc. Has $88.81 Million Stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Cullen Frost Bankers Inc. boosted its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 5.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 741,779 shares of the company’s stock after buying an additional 36,736 shares during the period. iShares S&P Mid-Cap 400 Value ETF accounts for approximately 1.2% of Cullen Frost Bankers Inc.’s holdings, making the stock its 21st largest position. Cullen Frost Bankers Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $88,813,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Orion Capital Management LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF in the 4th quarter valued at $25,000. von Borstel & Associates Inc. bought a new position in iShares S&P Mid-Cap 400 Value ETF in the 1st quarter valued at $27,000. CX Institutional bought a new position in iShares S&P Mid-Cap 400 Value ETF in the 1st quarter valued at $27,000. ORG Partners LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF in the 1st quarter valued at $29,000. Finally, MorganRosel Wealth Management LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF in the 1st quarter valued at $33,000. Institutional investors and hedge funds own 66.95% of the company’s stock.

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

Shares of IJJ opened at $125.12 on Wednesday. The stock has a fifty day moving average price of $122.32 and a two-hundred day moving average price of $121.73. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $102.24 and a 52-week high of $136.42. The company has a market cap of $7.76 billion, a price-to-earnings ratio of 16.13 and a beta of 1.17.

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.