Mechanics Bank Trust Department purchased a new position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH – Free Report) in the third quarter, Holdings Channel reports. The fund purchased 43,571 shares of the company’s stock, valued at approximately $3,135,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Bank of New York Mellon Corp boosted its position in iShares Core S&P Mid-Cap ETF by 0.3% during the first quarter. Bank of New York Mellon Corp now owns 58,734,173 shares of the company’s stock worth $3,966,319,000 after purchasing an additional 188,450 shares during the period. Envestnet Asset Management Inc. grew its holdings in iShares Core S&P Mid-Cap ETF by 3.2% during the second quarter. Envestnet Asset Management Inc. now owns 37,195,080 shares of the company’s stock valued at $2,868,113,000 after purchasing an additional 1,156,205 shares during the last quarter. Royal Bank of Canada grew its holdings in iShares Core S&P Mid-Cap ETF by 6.2% during the fourth quarter. Royal Bank of Canada now owns 25,229,492 shares of the company’s stock valued at $1,665,147,000 after purchasing an additional 1,482,873 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in iShares Core S&P Mid-Cap ETF by 1.7% during the first quarter. PNC Financial Services Group Inc. now owns 15,872,639 shares of the company’s stock valued at $1,071,879,000 after purchasing an additional 260,163 shares during the last quarter. Finally, Mariner LLC raised its position in shares of iShares Core S&P Mid-Cap ETF by 4.8% in the fourth quarter. Mariner LLC now owns 15,042,290 shares of the company’s stock valued at $992,815,000 after purchasing an additional 685,469 shares during the period. Institutional investors and hedge funds own 14.60% of the company’s stock.
iShares Core S&P Mid-Cap ETF Price Performance
Shares of NYSEARCA IJH traded up $0.10 during trading hours on Tuesday, hitting $73.26. 6,484,190 shares of the stock were exchanged, compared to its average volume of 10,637,344. The company’s 50 day moving average is $74.95 and its 200 day moving average is $74.15. The firm has a market capitalization of $122.93 billion, a P/E ratio of 19.00 and a beta of 1.02. iShares Core S&P Mid-Cap ETF has a one year low of $62.22 and a one year high of $78.71.
About iShares Core S&P Mid-Cap ETF
Ishares S&P Midcap 400 Index Fund, formerly The iShares Core S&P Mid-Cap ETF (the Fund), seeks investment results that correspond to the price and yield performance, before fees and expenses, of the United States mid-cap stocks, as represented by the Standard & Poor’s MidCap 400 (the Underlying Index). The Underlying Index measures the performance of the mid-capitalization sector of the United States equity market. The Underlying Index consists of stocks from a range of industries. Components include financial, industrials, and information technology companies.
Featured Articles
- Five stocks we like better than iShares Core S&P Mid-Cap ETF
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
Want to see what other hedge funds are holding IJH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH – Free Report).
Receive News & Ratings for iShares Core S&P Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core S&P Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
