Cadence Bank Purchases New Position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Cadence Bank purchased a new stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the 3rd quarter, HoldingsChannel reports. The firm purchased 6,520 shares of the company’s stock, valued at approximately $806,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Envestnet Asset Management Inc. increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,754,565 shares of the company’s stock valued at $199,073,000 after purchasing an additional 32,516 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 3.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,359,539 shares of the company’s stock valued at $168,066,000 after purchasing an additional 41,812 shares in the last quarter. D.A. Davidson & CO. increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.5% in the 3rd quarter. D.A. Davidson & CO. now owns 882,125 shares of the company’s stock valued at $109,048,000 after purchasing an additional 12,668 shares in the last quarter. Cullen Frost Bankers Inc. increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 0.5% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 693,679 shares of the company’s stock valued at $78,705,000 after purchasing an additional 3,130 shares in the last quarter. Finally, Raymond James & Associates increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.2% in the 3rd quarter. Raymond James & Associates now owns 666,215 shares of the company’s stock valued at $82,357,000 after purchasing an additional 7,841 shares in the last quarter.

iShares S&P Mid-Cap 400 Value ETF Trading Down 0.3 %

NYSEARCA:IJJ opened at $134.36 on Thursday. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $102.74 and a 12 month high of $136.42. The stock has a 50 day moving average of $126.14 and a two-hundred day moving average of $120.10. The firm has a market cap of $8.69 billion, a P/E ratio of 14.35 and a beta of 1.08.

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.