Union Savings Bank acquired a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 160,393 shares of the company’s stock, valued at approximately $10,586,000. iShares Core S&P Mid-Cap ETF accounts for about 4.6% of Union Savings Bank’s investment portfolio, making the stock its 4th largest holding.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its holdings in 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 buying an additional 2,142,484 shares during the period. Bank of America Corp DE boosted its stake in iShares Core S&P Mid-Cap ETF by 1.7% during the fourth quarter. Bank of America Corp DE now owns 69,097,876 shares of the company’s stock worth $4,560,460,000 after buying an additional 1,184,255 shares during the period. Bank of New York Mellon Corp boosted its stake in iShares Core S&P Mid-Cap ETF by 5.4% during the fourth quarter. Bank of New York Mellon Corp now owns 58,545,723 shares of the company’s stock worth $3,864,018,000 after buying an additional 2,998,287 shares during the period. Raymond James Financial Inc. boosted its stake 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 buying an additional 1,122,461 shares during the period. Finally, 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 valued at $1,922,171,000 after acquiring an additional 1,406,203 shares during 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
IJH stock opened at $75.78 on Friday. iShares Core S&P Mid-Cap ETF has a twelve month low of $59.84 and a twelve month high of $77.01. The stock has a market capitalization of $120.33 billion, a price-to-earnings ratio of 19.00 and a beta of 1.01. The firm’s fifty day simple moving average is $73.52 and its two-hundred day simple moving average is $70.36.
iShares Core S&P Mid-Cap ETF 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.
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