Northwestern Mutual Wealth Management Co. Raises Stock Position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 631,309 shares of the company’s stock after purchasing an additional 9,162 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.98% of iShares S&P Mid-Cap 400 Value ETF worth $71,629,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of IJJ. Creekmur Asset Management LLC purchased a new position in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $30,000. Transcendent Capital Group LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at about $46,000. Wolff Wiese Magana LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the second quarter valued at about $53,000. Allspring Global Investments Holdings LLC increased its position in shares of iShares S&P Mid-Cap 400 Value ETF by 36.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 547 shares of the company’s stock valued at $62,000 after acquiring an additional 145 shares during the last quarter. Finally, Future Financial Wealth Managment LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the first quarter valued at about $69,000.

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

Shares of IJJ stock opened at $123.30 on Monday. The stock has a market capitalization of $7.97 billion, a P/E ratio of 14.35 and a beta of 1.08. The company has a 50 day moving average price of $119.80 and a 200 day moving average price of $116.35. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $92.79 and a fifty-two week high of $124.48.

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.