Citigroup Inc. Has $2.87 Million Stock Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

Citigroup Inc. increased its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 129.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,106 shares of the company’s stock after purchasing an additional 12,486 shares during the quarter. Citigroup Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $2,868,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Synovus Financial Corp lifted its position in iShares S&P Mid-Cap 400 Value ETF by 1.5% during the 3rd quarter. Synovus Financial Corp now owns 7,767 shares of the company’s stock valued at $1,009,000 after purchasing an additional 116 shares during the period. Advisors Capital Management LLC grew its position in shares of iShares S&P Mid-Cap 400 Value ETF by 6.3% during the 3rd quarter. Advisors Capital Management LLC now owns 2,347 shares of the company’s stock worth $305,000 after buying an additional 140 shares during the period. BBR Partners LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter worth approximately $259,000. Wealthcare Advisory Partners LLC raised its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 7.6% during the third quarter. Wealthcare Advisory Partners LLC now owns 3,993 shares of the company’s stock worth $518,000 after buying an additional 281 shares during the last quarter. Finally, Founders Financial Alliance LLC lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 33.5% in the third quarter. Founders Financial Alliance LLC now owns 546 shares of the company’s stock valued at $71,000 after buying an additional 137 shares during the period. 66.95% of the stock is owned by institutional investors.

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

Shares of IJJ stock opened at $134.10 on Friday. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $102.24 and a 52-week high of $144.76. The stock has a market cap of $8.11 billion, a PE ratio of 16.13 and a beta of 1.05. The firm’s 50 day moving average price is $138.63 and its two-hundred day moving average price is $133.07.

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.