ETF Portfolio Partners Inc. Makes New Investment in iShares S&P Mid-Cap 400 Value ETF $IJJ

ETF Portfolio Partners Inc. purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 37,196 shares of the company’s stock, valued at approximately $5,122,000. iShares S&P Mid-Cap 400 Value ETF comprises 1.3% of ETF Portfolio Partners Inc.’s investment portfolio, making the stock its 18th largest holding. ETF Portfolio Partners Inc. owned 0.06% of iShares S&P Mid-Cap 400 Value ETF at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its position in shares of 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 last quarter. Bank of America Corp DE increased its stake in iShares S&P Mid-Cap 400 Value ETF by 1.3% in the 1st quarter. Bank of America Corp DE now owns 2,402,568 shares of the company’s stock worth $318,340,000 after purchasing an additional 29,909 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of 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 valued at $178,920,000 after purchasing an additional 9,695 shares during the period. D.A. Davidson & CO. increased its position in shares of iShares S&P Mid-Cap 400 Value ETF by 3.6% in the first quarter. D.A. Davidson & CO. now owns 1,091,192 shares of the company’s stock valued at $144,583,000 after acquiring an additional 38,084 shares during the period. Finally, Royal Bank of Canada raised its position in 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 purchasing an additional 20,382 shares during the last quarter. Hedge funds and other institutional investors own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Trading Down 0.5%

Shares of IJJ opened at $143.20 on Friday. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $123.89 and a 1-year high of $151.81. The firm’s 50-day moving average price is $143.67 and its 200-day moving average price is $143.94. The firm has a market capitalization of $8.57 billion, a price-to-earnings ratio of 16.13 and a beta of 0.97.

iShares S&P Mid-Cap 400 Value ETF 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.