PNC Financial Services Group Inc. Decreases Stock Holdings in iShares S&P Mid-Cap 400 Value ETF $IJJ

PNC Financial Services Group Inc. reduced its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 8.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,299,637 shares of the company’s stock after selling 116,081 shares during the period. PNC Financial Services Group Inc. owned 2.10% of iShares S&P Mid-Cap 400 Value ETF worth $160,609,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the business. D.A. Davidson & CO. increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 3.5% during the second 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 during the period. 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 purchasing an additional 23,414 shares during the period. 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 purchasing an additional 90,152 shares during the period. LPL Financial LLC raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 25.0% in the 1st 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. Finally, Northern Trust Corp boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.2% during the 1st quarter. Northern Trust Corp now owns 713,470 shares of the company’s stock valued at $85,424,000 after purchasing an additional 8,450 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 Price Performance

Shares of NYSEARCA IJJ opened at $129.66 on Thursday. 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 stock has a market capitalization of $7.86 billion, a P/E ratio of 16.13 and a beta of 1.05. The company’s 50-day moving average is $129.60 and its 200 day moving average is $125.74.

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.