iShares Core S&P Mid-Cap ETF $IJH Shares Sold by Montecito Bank & Trust

Montecito Bank & Trust trimmed its holdings in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 5.2% in the first quarter, Holdings Channel reports. The firm owned 172,825 shares of the company’s stock after selling 9,503 shares during the period. iShares Core S&P Mid-Cap ETF makes up 1.9% of Montecito Bank & Trust’s portfolio, making the stock its 11th biggest position. Montecito Bank & Trust’s holdings in iShares Core S&P Mid-Cap ETF were worth $11,671,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in IJH. Networth Advisors LLC purchased a new position in iShares Core S&P Mid-Cap ETF in the fourth quarter valued at about $28,000. Maryland Capital Advisors Inc. boosted its holdings in iShares Core S&P Mid-Cap ETF by 240.7% in the 4th quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock worth $36,000 after acquiring an additional 390 shares during the period. Timmons Wealth Management LLC purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter valued at approximately $37,000. Garner Asset Management Corp acquired a new position in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter worth $39,000. Finally, Garton & Associates Financial Advisors LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter worth $40,000. 14.60% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

NYSEARCA:IJH opened at $75.78 on Friday. The firm has a 50-day moving average of $73.52 and a two-hundred day moving average of $70.36. The stock has a market cap of $120.33 billion, a P/E ratio of 19.00 and a beta of 1.01. iShares Core S&P Mid-Cap ETF has a 1-year low of $59.84 and a 1-year high of $77.01.

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.