Dearborn Partners LLC Acquires 7,409 Shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Dearborn Partners LLC increased its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 396.8% in the first quarter, HoldingsChannel reports. The firm owned 9,276 shares of the company’s stock after purchasing an additional 7,409 shares during the period. Dearborn Partners LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $563,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp increased its position in iShares Core S&P Mid-Cap ETF by 399.7% in the 1st quarter. Bank of New York Mellon Corp now owns 48,284,510 shares of the company’s stock valued at $2,932,801,000 after acquiring an additional 38,621,954 shares in the last quarter. Raymond James & Associates increased its position in iShares Core S&P Mid-Cap ETF by 557.9% in the 1st quarter. Raymond James & Associates now owns 18,655,382 shares of the company’s stock valued at $1,133,128,000 after acquiring an additional 15,819,689 shares in the last quarter. First Command Advisory Services Inc. increased its position in iShares Core S&P Mid-Cap ETF by 403.4% in the 1st quarter. First Command Advisory Services Inc. now owns 10,845,515 shares of the company’s stock valued at $658,929,000 after acquiring an additional 8,690,906 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in iShares Core S&P Mid-Cap ETF by 389.1% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 7,410,254 shares of the company’s stock valued at $450,099,000 after acquiring an additional 5,895,093 shares in the last quarter. Finally, Millburn Ridgefield Corp increased its position in iShares Core S&P Mid-Cap ETF by 396.9% in the 1st quarter. Millburn Ridgefield Corp now owns 7,306,979 shares of the company’s stock valued at $443,826,000 after acquiring an additional 5,836,434 shares in the last quarter.

iShares Core S&P Mid-Cap ETF Stock Performance

IJH traded down $0.15 during midday trading on Thursday, hitting $61.19. The company had a trading volume of 3,267,545 shares, compared to its average volume of 6,619,203. The company has a market capitalization of $85.67 billion, a PE ratio of 3.28 and a beta of 1.09. iShares Core S&P Mid-Cap ETF has a twelve month low of $46.30 and a twelve month high of $62.40. The firm’s 50-day simple moving average is $59.11 and its 200-day simple moving average is $57.83.

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).