iShares Core S&P Mid-Cap ETF $IJH Shares Purchased by Truist Financial Corp

Truist Financial Corp increased its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 5.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,425,258 shares of the company’s stock after buying an additional 521,416 shares during the period. iShares Core S&P Mid-Cap ETF accounts for 0.8% of Truist Financial Corp’s holdings, making the stock its 21st biggest position. Truist Financial Corp owned about 0.61% of iShares Core S&P Mid-Cap ETF worth $615,092,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IJH. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 5.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 119,891,228 shares of the company’s stock worth $7,435,654,000 after acquiring an additional 5,810,344 shares in the last quarter. Corient Private Wealth LLC increased its stake in shares of iShares Core S&P Mid-Cap ETF by 107.4% in the 2nd quarter. Corient Private Wealth LLC now owns 10,204,380 shares of the company’s stock valued at $632,044,000 after purchasing an additional 5,285,095 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in iShares Core S&P Mid-Cap ETF in the 2nd quarter worth about $153,816,000. SWF LLC raised its holdings in iShares Core S&P Mid-Cap ETF by 5,421.6% in the 2nd quarter. SWF LLC now owns 1,868,846 shares of the company’s stock worth $115,906,000 after purchasing an additional 1,835,000 shares during the period. Finally, Acorns Advisers LLC boosted its position in iShares Core S&P Mid-Cap ETF by 12.1% during the second quarter. Acorns Advisers LLC now owns 12,540,574 shares of the company’s stock worth $777,766,000 after purchasing an additional 1,356,941 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 Stock Performance

Shares of IJH opened at $69.61 on Wednesday. The firm has a market cap of $108.56 billion, a P/E ratio of 19.00 and a beta of 1.07. iShares Core S&P Mid-Cap ETF has a 12 month low of $50.15 and a 12 month high of $71.04. The stock’s 50 day moving average is $67.29 and its two-hundred day moving average is $65.55.

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.