iShares S&P Mid-Cap 400 Value ETF $IJJ Stake Boosted by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group increased its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 4.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 237,719 shares of the company’s stock after acquiring an additional 10,453 shares during the period. iShares S&P Mid-Cap 400 Value ETF comprises about 1.6% of Rehmann Capital Advisory Group’s investment portfolio, making the stock its 9th biggest holding. Rehmann Capital Advisory Group owned 0.39% of iShares S&P Mid-Cap 400 Value ETF worth $31,535,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 498.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,754,991 shares of the company’s stock valued at $494,119,000 after acquiring an additional 3,127,303 shares during the period. Bank of America Corp DE boosted its position in iShares S&P Mid-Cap 400 Value ETF by 0.8% in the second quarter. Bank of America Corp DE now owns 2,392,099 shares of the company’s stock worth $295,616,000 after purchasing an additional 19,672 shares during the last quarter. UBS Group AG grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 5.4% during the 3rd quarter. UBS Group AG now owns 2,154,324 shares of the company’s stock valued at $279,459,000 after purchasing an additional 110,590 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,340,643 shares of the company’s stock valued at $176,415,000 after purchasing an additional 22,215 shares during the period. Finally, D.A. Davidson & CO. increased its position in shares of iShares S&P Mid-Cap 400 Value ETF by 4.4% during the 4th quarter. D.A. Davidson & CO. now owns 1,053,108 shares of the company’s stock valued at $138,579,000 after purchasing an additional 44,836 shares during the last quarter. Hedge funds and other institutional investors own 66.95% of the company’s stock.

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

NYSEARCA IJJ opened at $144.81 on Friday. The company has a 50-day moving average price of $141.56 and a 200-day moving average price of $137.82. iShares S&P Mid-Cap 400 Value ETF has a 52 week low of $120.03 and a 52 week high of $147.99. The firm has a market capitalization of $8.66 billion, a P/E ratio of 16.13 and a beta of 0.96.

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.