OLD National Bancorp IN Invests $1.85 Million in iShares S&P Mid-Cap 400 Value ETF $IJJ

OLD National Bancorp IN bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 14,958 shares of the company’s stock, valued at approximately $1,849,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Envestnet Asset Management Inc. lifted its position in shares of 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 position in shares of 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 position in shares of 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 position in shares of 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 raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 25.0% in the first quarter. LPL Financial LLC now owns 817,455 shares of the company’s stock valued at $97,874,000 after acquiring an additional 163,256 shares in the last quarter. 66.95% of the stock is currently owned by institutional investors.

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

IJJ stock opened at $130.99 on Tuesday. The business has a 50-day moving average price of $128.65 and a 200 day moving average price of $122.83. The company has a market capitalization of $8.04 billion, a P/E ratio of 16.13 and a beta of 1.17. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $102.24 and a 1-year high of $136.42.

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.