Axis Wealth Partners LLC Increases Stock Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

Axis Wealth Partners LLC increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 32.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,411 shares of the company’s stock after purchasing an additional 3,813 shares during the period. iShares S&P Mid-Cap 400 Value ETF makes up 1.2% of Axis Wealth Partners LLC’s investment portfolio, making the stock its 23rd largest holding. Axis Wealth Partners LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,999,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its position in iShares S&P Mid-Cap 400 Value ETF by 0.8% in the 2nd 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 period. D.A. Davidson & CO. boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 5.6% in the 3rd quarter. D.A. Davidson & CO. now owns 1,008,272 shares of the company’s stock worth $130,793,000 after buying an additional 53,291 shares during the last quarter. Cullen Frost Bankers Inc. boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 12.2% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 831,931 shares of the company’s stock worth $102,810,000 after buying an additional 90,152 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 6.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 626,380 shares of the company’s stock worth $77,408,000 after acquiring an additional 35,310 shares during the period. Finally, Midland Wealth Advisors LLC increased its position in iShares S&P Mid-Cap 400 Value ETF by 2.2% during the second quarter. Midland Wealth Advisors LLC now owns 599,218 shares of the company’s stock valued at $74,051,000 after acquiring an additional 13,041 shares during the last quarter. Institutional investors own 66.95% of the company’s stock.

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

IJJ stock opened at $137.87 on Friday. The company has a market cap of $8.34 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05. The business’s 50-day moving average is $131.33 and its two-hundred day moving average is $129.29. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $102.24 and a fifty-two week high of $138.25.

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.