Cordatus Wealth Management LLC Invests $5.10 Million in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Cordatus Wealth Management LLC bought a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 41,269 shares of the company’s stock, valued at approximately $5,102,000. iShares S&P Mid-Cap 400 Value ETF accounts for approximately 1.8% of Cordatus Wealth Management LLC’s portfolio, making the stock its 13th biggest holding.

Several other hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its holdings in iShares S&P Mid-Cap 400 Value ETF by 1.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,754,565 shares of the company’s stock worth $199,073,000 after purchasing an additional 32,516 shares during the last quarter. D.A. Davidson & CO. raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 1.5% in the 2nd quarter. D.A. Davidson & CO. now owns 869,457 shares of the company’s stock valued at $98,649,000 after acquiring an additional 12,722 shares in the last quarter. Cullen Frost Bankers Inc. raised its holdings in 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 acquiring an additional 3,130 shares in the last quarter. Raymond James & Associates raised its holdings in 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 acquiring an additional 7,841 shares in the last quarter. Finally, Evensky & Katz LLC raised its holdings in iShares S&P Mid-Cap 400 Value ETF by 2.4% in the 3rd quarter. Evensky & Katz LLC now owns 639,140 shares of the company’s stock valued at $79,011,000 after acquiring an additional 15,068 shares in the last quarter.

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

Shares of iShares S&P Mid-Cap 400 Value ETF stock traded down $1.04 during trading on Thursday, reaching $124.11. 18,831 shares of the company’s stock were exchanged, compared to its average volume of 149,597. iShares S&P Mid-Cap 400 Value ETF has a 1-year low of $94.00 and a 1-year high of $127.35. The company has a market cap of $8.02 billion, a P/E ratio of 14.35 and a beta of 1.08. The firm’s 50-day moving average price is $122.50 and its 200 day moving average price is $117.72.

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.