Earnest Partners LLC Raises Stake in iShares S&P Mid-Cap 400 Value ETF $IJJ

Earnest Partners LLC raised its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 63.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,948 shares of the company’s stock after acquiring an additional 3,092 shares during the quarter. Earnest Partners LLC’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $952,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in IJJ. Liberty Wealth Management LLC lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 11,352.3% in the first quarter. Liberty Wealth Management LLC now owns 420,643 shares of the company’s stock worth $50,364,000 after acquiring an additional 416,970 shares during the last quarter. World Investment Advisors raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 3,213.7% during the first quarter. World Investment Advisors now owns 222,382 shares of the company’s stock worth $26,626,000 after purchasing an additional 215,671 shares in the last quarter. LPL Financial LLC raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 25.0% during the first quarter. LPL Financial LLC now owns 817,455 shares of the company’s stock worth $97,874,000 after purchasing an additional 163,256 shares in the last quarter. Wealthspire Advisors LLC raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 123.1% during the first quarter. Wealthspire Advisors LLC now owns 265,060 shares of the company’s stock worth $31,736,000 after purchasing an additional 146,265 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 6.2% during the first quarter. Envestnet Asset Management Inc. now owns 1,978,891 shares of the company’s stock worth $236,933,000 after purchasing an additional 116,156 shares in 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 0.2%

IJJ stock opened at $130.79 on Friday. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $102.24 and a twelve month high of $136.42. The company’s 50 day moving average is $126.27 and its two-hundred day moving average is $121.58. The stock has a market cap of $8.11 billion, a P/E ratio of 16.13 and a beta of 1.17.

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.