46,838 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ Purchased by Asset Dedication LLC

Asset Dedication LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 46,838 shares of the company’s stock, valued at approximately $6,450,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in iShares S&P Mid-Cap 400 Value ETF by 1.9% during the 2nd 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 during the period. 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 valued at $318,340,000 after buying an additional 29,909 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 0.7% during the first quarter. PNC Financial Services Group Inc. now owns 1,350,338 shares of the company’s stock worth $178,920,000 after purchasing an additional 9,695 shares during the last quarter. D.A. Davidson & CO. purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter valued at about $161,331,000. Finally, Royal Bank of Canada grew its stake in shares of 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 period. 66.95% of the stock is owned by institutional investors.

iShares S&P Mid-Cap 400 Value ETF Stock Down 0.0%

Shares of iShares S&P Mid-Cap 400 Value ETF stock opened at $143.37 on Friday. The firm’s 50 day moving average is $142.99 and its two-hundred day moving average is $142.17. The firm has a market capitalization of $8.60 billion, a P/E ratio of 16.13 and a beta of 0.97. iShares S&P Mid-Cap 400 Value ETF has a 52 week low of $123.89 and a 52 week high of $151.81.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.