Iowa State Bank Makes New Investment in iShares Core S&P Mid-Cap ETF $IJH

Iowa State Bank purchased a new position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 392,508 shares of the company’s stock, valued at approximately $28,241,000. iShares Core S&P Mid-Cap ETF makes up 4.5% of Iowa State Bank’s investment portfolio, making the stock its 6th biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its holdings in shares of iShares Core S&P Mid-Cap ETF by 0.3% in 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 buying an additional 188,450 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of 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 acquiring an additional 1,156,205 shares during the period. LPL Financial LLC raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 5.1% during the fourth quarter. LPL Financial LLC now owns 29,123,810 shares of the company’s stock valued at $1,922,171,000 after acquiring an additional 1,406,203 shares during the period. Royal Bank of Canada lifted its position in shares of iShares Core S&P Mid-Cap ETF by 6.2% in the 4th quarter. Royal Bank of Canada now owns 25,229,492 shares of the company’s stock valued at $1,665,147,000 after acquiring an additional 1,482,873 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of iShares Core S&P Mid-Cap ETF by 1.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 15,872,639 shares of the company’s stock valued at $1,071,879,000 after acquiring an additional 260,163 shares in the last quarter. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

iShares Core S&P Mid-Cap ETF stock traded up $0.47 during midday trading on Tuesday, reaching $74.15. The stock had a trading volume of 2,554,312 shares, compared to its average volume of 10,735,735. iShares Core S&P Mid-Cap ETF has a twelve month low of $62.22 and a twelve month high of $78.71. The firm has a market cap of $124.65 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02. The firm’s fifty day simple moving average is $75.26 and its two-hundred day simple moving average is $73.89.

iShares Core S&P Mid-Cap ETF Profile

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.