Hsbc Holdings PLC Makes New Investment in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Hsbc Holdings PLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,792 shares of the company’s stock, valued at approximately $203,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Citizens Financial Group Inc. RI grew its stake in iShares S&P Mid-Cap 400 Value ETF by 16.5% during the 2nd quarter. Citizens Financial Group Inc. RI now owns 8,091 shares of the company’s stock worth $918,000 after buying an additional 1,147 shares during the last quarter. Thompson Siegel & Walmsley LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the second quarter worth about $739,000. J.W. Cole Advisors Inc. increased its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 24.7% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 4,819 shares of the company’s stock worth $547,000 after acquiring an additional 953 shares during the period. Envestnet Asset Management Inc. lifted its position in 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 during the last quarter. Finally, Wealthspire Advisors LLC grew its holdings in iShares S&P Mid-Cap 400 Value ETF by 9.7% in the 2nd quarter. Wealthspire Advisors LLC now owns 95,032 shares of the company’s stock worth $10,782,000 after buying an additional 8,384 shares in the last quarter.

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

Shares of iShares S&P Mid-Cap 400 Value ETF stock opened at $123.12 on Friday. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $92.79 and a 1-year high of $124.48. The company has a market capitalization of $7.96 billion, a P/E ratio of 14.35 and a beta of 1.08. The business’s fifty day moving average price is $120.13 and its two-hundred day moving average price is $116.65.

iShares S&P Mid-Cap 400 Value ETF 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.