BNP Paribas Financial Markets Sells 273,356 Shares of iShares Core S&P Mid-Cap ETF $IJH

BNP Paribas Financial Markets decreased its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 51.6% in the 4th quarter, HoldingsChannel reports. The fund owned 256,759 shares of the company’s stock after selling 273,356 shares during the period. BNP Paribas Financial Markets’ holdings in iShares Core S&P Mid-Cap ETF were worth $16,946,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Networth Advisors LLC bought 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 position 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 buying an additional 225 shares during the last quarter. Maryland Capital Advisors Inc. boosted its position 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 buying an additional 390 shares during the last quarter. Garner Asset Management Corp purchased a new position 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 position in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter valued at approximately $41,000. Institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Down 2.0%

Shares of NYSEARCA:IJH opened at $73.95 on Friday. The stock has a market cap of $117.43 billion, a price-to-earnings ratio of 19.00 and a beta of 1.01. iShares Core S&P Mid-Cap ETF has a 12-month low of $59.84 and a 12-month high of $75.64. The business’s 50 day moving average is $72.04 and its 200 day moving average is $69.60.

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.