Bank of New York Mellon Corp Grows Stock Holdings in iShares Core S&P Mid-Cap ETF $IJH

Bank of New York Mellon Corp increased its stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 0.3% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 58,734,173 shares of the company’s stock after acquiring an additional 188,450 shares during the quarter. iShares Core S&P Mid-Cap ETF makes up about 0.7% of Bank of New York Mellon Corp’s investment portfolio, making the stock its 16th largest position. Bank of New York Mellon Corp’s holdings in iShares Core S&P Mid-Cap ETF were worth $3,966,319,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Core S&P Mid-Cap ETF by 1.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 124,791,222 shares of the company’s stock valued at $8,236,221,000 after acquiring an additional 2,142,484 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 1.7% in the fourth quarter. Bank of America Corp DE now owns 69,097,876 shares of the company’s stock valued at $4,560,460,000 after purchasing an additional 1,184,255 shares during the period. Raymond James Financial Inc. increased its position in iShares Core S&P Mid-Cap ETF by 3.0% during the second quarter. Raymond James Financial Inc. now owns 38,719,798 shares of the company’s stock worth $2,401,402,000 after purchasing an additional 1,122,461 shares during the last quarter. LPL Financial LLC increased its position in iShares Core S&P Mid-Cap ETF by 5.1% during the fourth quarter. LPL Financial LLC now owns 29,123,810 shares of the company’s stock worth $1,922,171,000 after purchasing an additional 1,406,203 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in iShares Core S&P Mid-Cap ETF by 6.2% during the fourth quarter. Royal Bank of Canada now owns 25,229,492 shares of the company’s stock worth $1,665,147,000 after purchasing an additional 1,482,873 shares during the period. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

NYSEARCA:IJH opened at $75.63 on Thursday. The firm has a market capitalization of $122.34 billion, a price-to-earnings ratio of 19.00 and a beta of 1.00. The company’s 50-day moving average is $74.83 and its two-hundred day moving average is $71.55. iShares Core S&P Mid-Cap ETF has a 1-year low of $61.29 and a 1-year high of $77.28.

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.