Bank of New York Mellon Corp Purchases 2,998,287 Shares of iShares Core S&P Mid-Cap ETF $IJH

Bank of New York Mellon Corp raised its stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 5.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 58,545,723 shares of the company’s stock after purchasing an additional 2,998,287 shares during the quarter. iShares Core S&P Mid-Cap ETF accounts for 0.7% of Bank of New York Mellon Corp’s portfolio, making the stock its 18th biggest position. Bank of New York Mellon Corp owned 3.75% of iShares Core S&P Mid-Cap ETF worth $3,864,018,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in IJH. Networth Advisors LLC purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter valued at approximately $28,000. New Millennium Group LLC boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 72.1% during the third quarter. New Millennium Group LLC now owns 537 shares of the company’s stock valued at $35,000 after purchasing an additional 225 shares during the period. Maryland Capital Advisors Inc. boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 240.7% during the fourth quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock valued at $36,000 after purchasing an additional 390 shares during the period. Garner Asset Management Corp purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter valued at approximately $39,000. Finally, Bank & Trust Co purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter valued at approximately $41,000. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

NYSEARCA:IJH opened at $75.22 on Wednesday. The firm has a market cap of $119.45 billion, a PE ratio of 19.00 and a beta of 1.02. iShares Core S&P Mid-Cap ETF has a fifty-two week low of $59.79 and a fifty-two week high of $75.22. The business has a 50 day moving average price of $71.42 and a 200-day moving average price of $69.35.

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.