Cullen Frost Bankers Inc. Buys 90,152 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ

Cullen Frost Bankers Inc. lifted its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 12.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 831,931 shares of the company’s stock after buying an additional 90,152 shares during the period. iShares S&P Mid-Cap 400 Value ETF comprises 1.3% of Cullen Frost Bankers Inc.’s portfolio, making the stock its 19th biggest holding. Cullen Frost Bankers Inc. owned approximately 1.35% of iShares S&P Mid-Cap 400 Value ETF worth $102,810,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. von Borstel & Associates Inc. bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the first quarter valued at about $27,000. ORG Partners LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the first quarter valued at about $29,000. Ryan Investment Management Inc. bought a new position in iShares S&P Mid-Cap 400 Value ETF during the second quarter worth about $31,000. MorganRosel Wealth Management LLC bought a new position in iShares S&P Mid-Cap 400 Value ETF during the first quarter worth about $33,000. Finally, Signature Resources Capital Management LLC lifted its stake in iShares S&P Mid-Cap 400 Value ETF by 44.8% during the second quarter. Signature Resources Capital Management LLC now owns 278 shares of the company’s stock worth $34,000 after purchasing an additional 86 shares during the period. Institutional investors own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Stock Up 0.1%

Shares of IJJ opened at $130.13 on Wednesday. The stock has a market cap of $7.92 billion, a price-to-earnings ratio of 16.13 and a beta of 1.17. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $102.24 and a 12 month high of $136.42. The company has a 50-day moving average price of $129.64 and a two-hundred day moving average price of $123.56.

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.