Cullen Frost Bankers Inc. Boosts Holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Cullen Frost Bankers Inc. boosted its holdings in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 16.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 572,197 shares of the company’s stock after purchasing an additional 82,868 shares during the quarter. iShares S&P Mid-Cap 400 Value ETF makes up approximately 1.0% of Cullen Frost Bankers Inc.’s holdings, making the stock its 24th biggest position. Cullen Frost Bankers Inc. owned 0.86% of iShares S&P Mid-Cap 400 Value ETF worth $65,253,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IJJ. Gryphon Financial Partners LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at about $359,000. Sawgrass Asset Management LLC boosted its stake in iShares S&P Mid-Cap 400 Value ETF by 1.9% during the fourth quarter. Sawgrass Asset Management LLC now owns 8,152 shares of the company’s stock valued at $930,000 after buying an additional 152 shares during the last quarter. Apollon Wealth Management LLC grew its holdings in iShares S&P Mid-Cap 400 Value ETF by 65.9% during the 4th quarter. Apollon Wealth Management LLC now owns 12,615 shares of the company’s stock valued at $1,439,000 after buying an additional 5,011 shares in the last quarter. Lincoln National Corp increased its stake in iShares S&P Mid-Cap 400 Value ETF by 100.3% in the 4th quarter. Lincoln National Corp now owns 45,484 shares of the company’s stock worth $5,187,000 after acquiring an additional 22,771 shares during the last quarter. Finally, Idaho Trust Bank raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 38.2% during the 4th quarter. Idaho Trust Bank now owns 40,515 shares of the company’s stock worth $4,620,000 after acquiring an additional 11,194 shares in the last quarter.

iShares S&P Mid-Cap 400 Value ETF Trading Up 0.2 %

Shares of IJJ stock traded up $0.21 on Tuesday, reaching $115.22. The company’s stock had a trading volume of 137,415 shares, compared to its average volume of 162,847. The stock’s fifty day simple moving average is $113.88 and its 200-day simple moving average is $109.83. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $92.79 and a 1 year high of $118.63. The company has a market capitalization of $7.44 billion, a price-to-earnings ratio of 13.83 and a beta of 1.10.

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.