PNC Financial Services Group Inc. Boosts Stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

PNC Financial Services Group Inc. raised its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 3.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,359,539 shares of the company’s stock after buying an additional 41,812 shares during the period. PNC Financial Services Group Inc. owned 2.10% of iShares S&P Mid-Cap 400 Value ETF worth $168,066,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Syntrinsic LLC purchased a new stake in iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter valued at about $42,000. GAMMA Investing LLC increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 94.3% during the 3rd quarter. GAMMA Investing LLC now owns 338 shares of the company’s stock worth $42,000 after purchasing an additional 164 shares during the last quarter. Eastern Bank purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth approximately $57,000. Wolff Wiese Magana LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the 2nd quarter worth approximately $53,000. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 36.1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 547 shares of the company’s stock worth $62,000 after purchasing an additional 145 shares during the last quarter.

iShares S&P Mid-Cap 400 Value ETF Stock Down 0.1 %

Shares of IJJ stock opened at $128.77 on Wednesday. The company has a 50 day moving average of $124.85 and a 200-day moving average of $119.50. iShares S&P Mid-Cap 400 Value ETF has a 12-month low of $102.34 and a 12-month high of $133.12. The firm has a market cap of $8.32 billion, a P/E ratio of 14.35 and a beta of 1.08.

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.