Grove Bank & Trust Raises Stock Holdings in iShares Core S&P Mid-Cap ETF $IJH

Grove Bank & Trust boosted its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 13.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 696,313 shares of the company’s stock after purchasing an additional 80,197 shares during the period. iShares Core S&P Mid-Cap ETF accounts for about 5.2% of Grove Bank & Trust’s portfolio, making the stock its 2nd biggest holding. Grove Bank & Trust’s holdings in iShares Core S&P Mid-Cap ETF were worth $45,957,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 5.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 119,891,228 shares of the company’s stock worth $7,435,654,000 after purchasing an additional 5,810,344 shares during the last quarter. Corient Private Wealth LLC raised its holdings in 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 buying an additional 5,285,095 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its position in iShares Core S&P Mid-Cap ETF by 238.9% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 2,302,038 shares of the company’s stock worth $150,231,000 after buying an additional 1,622,736 shares during the period. Acorns Advisers LLC boosted its position in iShares Core S&P Mid-Cap ETF by 12.1% during the 2nd quarter. Acorns Advisers LLC now owns 12,540,574 shares of the company’s stock worth $777,766,000 after buying an additional 1,356,941 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in iShares Core S&P Mid-Cap ETF by 15.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,844,405 shares of the company’s stock worth $610,012,000 after acquiring an additional 1,283,662 shares during the last quarter. 14.60% of the stock is currently owned by institutional investors.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of NYSEARCA IJH opened at $65.87 on Friday. The firm has a 50 day moving average price of $69.88 and a two-hundred day moving average price of $67.17. The stock has a market cap of $102.87 billion, a P/E ratio of 19.00 and a beta of 1.07. iShares Core S&P Mid-Cap ETF has a 52-week low of $50.15 and a 52-week high of $72.56.

iShares Core S&P Mid-Cap ETF Company 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.