FineMark National Bank & Trust Lowers Holdings in iShares Core S&P Mid-Cap ETF $IJH

FineMark National Bank & Trust lessened its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 13.0% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 499,519 shares of the company’s stock after selling 74,366 shares during the period. iShares Core S&P Mid-Cap ETF makes up 1.1% of FineMark National Bank & Trust’s investment portfolio, making the stock its 17th largest holding. FineMark National Bank & Trust’s holdings in iShares Core S&P Mid-Cap ETF were worth $30,980,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. PMV Capital Advisers LLC acquired a new stake in iShares Core S&P Mid-Cap ETF in the second quarter valued at about $38,000. Banque Transatlantique SA purchased a new position in shares of iShares Core S&P Mid-Cap ETF during the 1st quarter worth approximately $35,000. Vermillion Wealth Management Inc. raised its stake in shares of iShares Core S&P Mid-Cap ETF by 324.2% during the 2nd quarter. Vermillion Wealth Management Inc. now owns 649 shares of the company’s stock worth $40,000 after buying an additional 496 shares in the last quarter. Access Investment Management LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the 2nd quarter valued at approximately $42,000. Finally, Truvestments Capital LLC boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 152.8% in the first quarter. Truvestments Capital LLC now owns 890 shares of the company’s stock valued at $52,000 after buying an additional 538 shares in the last quarter. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of IJH stock opened at $63.21 on Wednesday. The business’s fifty day moving average price is $65.12 and its 200 day moving average price is $63.36. The firm has a market capitalization of $97.00 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 $68.33.

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).