Cullen Frost Bankers Inc. reduced its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ – Free Report) by 0.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 705,043 shares of the company’s stock after selling 364 shares during the period. iShares S&P Mid-Cap 400 Value ETF makes up approximately 1.2% of Cullen Frost Bankers Inc.’s investment portfolio, making the stock its 21st biggest position. Cullen Frost Bankers Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $88,102,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the stock. SPC Financial Inc. boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.9% in the fourth quarter. SPC Financial Inc. now owns 163,982 shares of the company’s stock valued at $20,491,000 after buying an additional 2,986 shares during the period. LVZ Inc. boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 13.3% in the fourth quarter. LVZ Inc. now owns 28,096 shares of the company’s stock valued at $3,511,000 after buying an additional 3,300 shares during the period. Keybank National Association OH boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 0.4% in the fourth quarter. Keybank National Association OH now owns 177,352 shares of the company’s stock valued at $22,162,000 after buying an additional 764 shares during the period. Mainstream Capital Management LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at approximately $37,000. Finally, Synergy Investment Management LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at approximately $96,000.
iShares S&P Mid-Cap 400 Value ETF Trading Up 1.1 %
Shares of IJJ stock opened at $122.18 on Thursday. The stock has a market cap of $8.35 billion, a P/E ratio of 17.02 and a beta of 1.18. The stock has a 50 day simple moving average of $127.08 and a 200 day simple moving average of $126.16. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $109.12 and a 1 year 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.
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