Umpqua Bank Increases Position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Umpqua Bank boosted its stake in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 18.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,243 shares of the company’s stock after acquiring an additional 1,450 shares during the period. Umpqua Bank’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,143,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Guidance Point Advisors LLC increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 0.4% during the third quarter. Guidance Point Advisors LLC now owns 19,781 shares of the company’s stock worth $2,445,000 after acquiring an additional 83 shares during the period. First Citizens Asset Management Inc. increased its position in iShares S&P Mid-Cap 400 Value ETF by 11.5% during the 3rd quarter. First Citizens Asset Management Inc. now owns 5,476 shares of the company’s stock worth $677,000 after purchasing an additional 565 shares during the period. Madden Advisory Services Inc. purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the 3rd quarter worth approximately $217,000. Moloney Securities Asset Management LLC lifted its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 7.2% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 2,210 shares of the company’s stock valued at $273,000 after buying an additional 149 shares during the period. Finally, QRG Capital Management Inc. boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 14.0% in the third quarter. QRG Capital Management Inc. now owns 2,704 shares of the company’s stock valued at $334,000 after buying an additional 333 shares in the last quarter.

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

NYSEARCA:IJJ traded up $4.50 during trading hours on Wednesday, hitting $130.14. The company’s stock had a trading volume of 18,909 shares, compared to its average volume of 148,033. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $96.75 and a 52-week high of $130.77. The business’s 50-day moving average is $122.81 and its two-hundred day moving average is $118.22. The company has a market capitalization of $8.41 billion, a PE ratio of 14.35 and a beta of 1.08.

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.