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

PNC Financial Services Group Inc. boosted its position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,340,643 shares of the company’s stock after purchasing an additional 22,215 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $176,415,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 498.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,754,991 shares of the company’s stock valued at $494,119,000 after buying an additional 3,127,303 shares in the last quarter. AlphaCore Capital LLC increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 5,244.2% in the 4th quarter. AlphaCore Capital LLC now owns 165,351 shares of the company’s stock worth $21,759,000 after acquiring an additional 162,257 shares in the last quarter. Vestmark Advisory Solutions Inc. bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter worth about $17,072,000. UBS Group AG lifted its position in iShares S&P Mid-Cap 400 Value ETF by 5.4% during the 3rd quarter. UBS Group AG now owns 2,154,324 shares of the company’s stock valued at $279,459,000 after acquiring an additional 110,590 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in iShares S&P Mid-Cap 400 Value ETF by 4.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,968,545 shares of the company’s stock valued at $255,360,000 after acquiring an additional 80,204 shares during the period. Hedge funds and other institutional investors own 66.95% of the company’s stock.

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

NYSEARCA:IJJ opened at $139.68 on Thursday. The firm has a market capitalization of $8.35 billion, a P/E ratio of 16.13 and a beta of 0.98. iShares S&P Mid-Cap 400 Value ETF has a one year low of $117.41 and a one year high of $144.76. The company’s 50-day simple moving average is $136.60 and its 200 day simple moving average is $135.54.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.