Ritter Daniher Financial Advisory LLC DE Boosts Stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Ritter Daniher Financial Advisory LLC DE raised its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 13,376 shares of the company’s stock after purchasing an additional 250 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF comprises about 0.5% of Ritter Daniher Financial Advisory LLC DE’s investment portfolio, making the stock its 20th biggest holding. Ritter Daniher Financial Advisory LLC DE’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,654,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. raised its position in shares of 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 valued at $199,073,000 after buying an additional 32,516 shares in the last quarter. D.A. Davidson & CO. raised its position in iShares S&P Mid-Cap 400 Value ETF by 1.5% during the second quarter. D.A. Davidson & CO. now owns 869,457 shares of the company’s stock valued at $98,649,000 after purchasing an additional 12,722 shares during the period. Cullen Frost Bankers Inc. lifted its stake in shares of 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 purchasing an additional 3,130 shares during the last quarter. Raymond James & Associates boosted its holdings in shares of 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 worth $82,357,000 after purchasing an additional 7,841 shares during the period. Finally, Evensky & Katz LLC boosted its holdings in shares of 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 worth $79,011,000 after purchasing an additional 15,068 shares during the period.

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

NYSEARCA:IJJ opened at $128.50 on Friday. The firm has a market capitalization of $8.31 billion, a PE ratio of 14.35 and a beta of 1.08. The stock’s fifty day moving average is $124.40 and its 200 day moving average is $119.22. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $101.61 and a fifty-two week high of $133.12.

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.