Harbor Investment Advisory LLC Boosts Stake in iShares S&P Mid-Cap 400 Value ETF $IJJ

Harbor Investment Advisory LLC grew its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 17.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,865 shares of the company’s stock after purchasing an additional 1,000 shares during the period. Harbor Investment Advisory LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $848,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 6.2% during the first quarter. Envestnet Asset Management Inc. now owns 1,978,891 shares of the company’s stock worth $236,933,000 after purchasing an additional 116,156 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 0.6% during the first quarter. PNC Financial Services Group Inc. now owns 1,415,718 shares of the company’s stock worth $169,504,000 after purchasing an additional 8,049 shares during the last quarter. D.A. Davidson & CO. lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 2.8% during the first quarter. D.A. Davidson & CO. now owns 922,596 shares of the company’s stock worth $110,462,000 after purchasing an additional 24,732 shares during the last quarter. Raymond James Financial Inc. lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 2.7% during the first quarter. Raymond James Financial Inc. now owns 876,953 shares of the company’s stock worth $104,997,000 after purchasing an additional 23,414 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 25.0% during the first quarter. LPL Financial LLC now owns 817,455 shares of the company’s stock worth $97,874,000 after purchasing an additional 163,256 shares during the last quarter. Institutional investors own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Stock Down 1.1%

Shares of IJJ stock opened at $131.10 on Friday. The business has a 50-day moving average price of $127.71 and a two-hundred day moving average price of $121.82. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $102.24 and a 12-month high of $136.42. The firm has a market cap of $8.13 billion, a P/E ratio of 16.13 and a beta of 1.17.

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.