iShares S&P Mid-Cap 400 Value ETF $IJJ Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 4.2% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,968,545 shares of the company’s stock after acquiring an additional 80,204 shares during the period. Envestnet Asset Management Inc. owned about 3.25% of iShares S&P Mid-Cap 400 Value ETF worth $255,360,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quaker Wealth Management LLC raised its position in shares of iShares S&P Mid-Cap 400 Value ETF by 200.5% during the 2nd quarter. Quaker Wealth Management LLC now owns 217 shares of the company’s stock worth $27,000 after purchasing an additional 433 shares during the period. Total Investment Management Inc. acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the 2nd quarter valued at approximately $29,000. Absher Wealth Management LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth $36,000. CX Institutional increased its position in iShares S&P Mid-Cap 400 Value ETF by 58.5% in the third quarter. CX Institutional now owns 363 shares of the company’s stock worth $47,000 after buying an additional 134 shares during the period. Finally, Quent Capital LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF in the third quarter worth $52,000. 66.95% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of IJJ opened at $140.01 on Friday. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $102.24 and a 1 year high of $141.73. The company has a market cap of $8.46 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05. The firm has a fifty day moving average of $135.27 and a 200-day moving average of $130.87.

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.