Royal Bank of Canada Acquires 1,482,873 Shares of iShares Core S&P Mid-Cap ETF $IJH

Royal Bank of Canada increased its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 6.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,229,492 shares of the company’s stock after acquiring an additional 1,482,873 shares during the quarter. Royal Bank of Canada owned about 1.62% of iShares Core S&P Mid-Cap ETF worth $1,665,147,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Networth Advisors LLC bought a new position in shares of iShares Core S&P Mid-Cap ETF in the 4th quarter worth about $28,000. New Millennium Group LLC increased its stake in shares of iShares Core S&P Mid-Cap ETF by 72.1% in the 3rd quarter. New Millennium Group LLC now owns 537 shares of the company’s stock worth $35,000 after acquiring an additional 225 shares in the last quarter. Maryland Capital Advisors Inc. increased its stake in shares of iShares Core S&P Mid-Cap ETF by 240.7% in the 4th quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock worth $36,000 after acquiring an additional 390 shares in the last quarter. Timmons Wealth Management LLC bought a new position in shares of iShares Core S&P Mid-Cap ETF in the 4th quarter worth about $37,000. Finally, Garner Asset Management Corp bought a new position in shares of iShares Core S&P Mid-Cap ETF in the 4th quarter worth about $39,000. 14.60% of the stock is currently owned by institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of iShares Core S&P Mid-Cap ETF stock opened at $75.93 on Wednesday. The company has a 50-day moving average of $73.14 and a 200 day moving average of $70.19. The firm has a market cap of $120.57 billion, a price-to-earnings ratio of 19.00 and a beta of 1.01. iShares Core S&P Mid-Cap ETF has a 1 year low of $59.84 and a 1 year high of $77.01.

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.