Bank of New York Mellon Corp Reduces Position in iShares Core S&P Mid-Cap ETF $IJH

Bank of New York Mellon Corp trimmed its stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 7.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 55,547,436 shares of the company’s stock after selling 4,425,514 shares during the period. iShares Core S&P Mid-Cap ETF makes up 0.7% of Bank of New York Mellon Corp’s portfolio, making the stock its 19th largest holding. Bank of New York Mellon Corp’s holdings in iShares Core S&P Mid-Cap ETF were worth $3,625,026,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of IJH. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core S&P Mid-Cap ETF by 5.1% in 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 buying an additional 5,810,344 shares during the period. Corient Private Wealth LLC increased 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 worth $632,044,000 after acquiring an additional 5,285,095 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in iShares Core S&P Mid-Cap ETF during the 2nd quarter worth approximately $153,816,000. SWF LLC raised its stake in iShares Core S&P Mid-Cap ETF by 5,421.6% during the 2nd quarter. SWF LLC now owns 1,868,846 shares of the company’s stock worth $115,906,000 after acquiring an additional 1,835,000 shares during the period. Finally, Acorns Advisers LLC lifted its holdings 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 valued at $777,766,000 after purchasing an additional 1,356,941 shares in the last quarter. 14.60% of the stock is owned by institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of NYSEARCA IJH opened at $69.61 on Wednesday. The stock has a market cap of $108.56 billion, a PE ratio of 19.00 and a beta of 1.07. iShares Core S&P Mid-Cap ETF has a 1 year low of $50.15 and a 1 year high of $71.04. The firm has a fifty day moving average price of $67.29 and a 200-day moving average price of $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.