Exencial Wealth Advisors LLC Buys New Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

Exencial Wealth Advisors LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 2,117 shares of the company’s stock, valued at approximately $262,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its position in iShares S&P Mid-Cap 400 Value ETF by 6.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,978,891 shares of the company’s stock valued at $236,933,000 after buying an additional 116,156 shares in the last quarter. PNC Financial Services Group Inc. increased its position in iShares S&P Mid-Cap 400 Value ETF by 0.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,415,718 shares of the company’s stock valued at $169,504,000 after buying an additional 8,049 shares in the last quarter. D.A. Davidson & CO. increased its position in iShares S&P Mid-Cap 400 Value ETF by 3.5% during the 2nd quarter. D.A. Davidson & CO. now owns 954,981 shares of the company’s stock valued at $118,017,000 after buying an additional 32,385 shares in the last quarter. Raymond James Financial Inc. increased its position in iShares S&P Mid-Cap 400 Value ETF by 2.7% during the 1st quarter. Raymond James Financial Inc. now owns 876,953 shares of the company’s stock valued at $104,997,000 after buying an additional 23,414 shares in the last quarter. Finally, Cullen Frost Bankers Inc. increased its position in iShares S&P Mid-Cap 400 Value ETF by 12.2% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 831,931 shares of the company’s stock valued at $102,810,000 after buying an additional 90,152 shares in the last quarter. 66.95% of the stock is owned by institutional investors and hedge funds.

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

Shares of NYSEARCA:IJJ opened at $130.80 on Friday. The business’s 50-day moving average is $129.79 and its 200 day moving average is $123.95. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $102.24 and a 1 year high of $136.42. The firm has a market capitalization of $7.97 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.