Y Intercept Hong Kong Ltd Acquires New Stake in iShares S&P Mid-Cap 400 Value ETF $IJJ

Y Intercept Hong Kong Ltd bought a new position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,879 shares of the company’s stock, valued at approximately $356,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Schneider Downs Wealth Management Advisors LP raised its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 102.3% in the 2nd quarter. Schneider Downs Wealth Management Advisors LP now owns 7,743 shares of the company’s stock worth $957,000 after buying an additional 3,915 shares in the last quarter. Brighton Jones LLC grew its holdings in iShares S&P Mid-Cap 400 Value ETF by 18.2% during the second quarter. Brighton Jones LLC now owns 5,042 shares of the company’s stock worth $623,000 after acquiring an additional 777 shares during the period. Opes Wealth Management LLC grew its holdings in iShares S&P Mid-Cap 400 Value ETF by 1.7% during the second quarter. Opes Wealth Management LLC now owns 17,261 shares of the company’s stock worth $2,133,000 after acquiring an additional 290 shares during the period. Turning Point Benefit Group Inc. raised its position in iShares S&P Mid-Cap 400 Value ETF by 55.1% in the second quarter. Turning Point Benefit Group Inc. now owns 3,495 shares of the company’s stock worth $432,000 after acquiring an additional 1,242 shares in the last quarter. Finally, First Citizens Bank & Trust Co. lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 6.6% in the 2nd quarter. First Citizens Bank & Trust Co. now owns 15,753 shares of the company’s stock valued at $1,947,000 after acquiring an additional 972 shares during the last quarter. 66.95% of the stock is owned by institutional investors.

iShares S&P Mid-Cap 400 Value ETF Trading Up 1.2%

NYSEARCA:IJJ opened at $128.35 on Friday. The company has a 50-day moving average of $129.64 and a 200-day moving average of $125.32. The firm has a market cap of $7.78 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05. iShares S&P Mid-Cap 400 Value ETF has a twelve month low of $102.24 and a twelve month high of $136.42.

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.