PNC Financial Services Group Inc. Decreases Holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

PNC Financial Services Group Inc. reduced its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 4.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,779,484 shares of the company’s stock after selling 811,875 shares during the period. iShares Core S&P Mid-Cap ETF comprises 0.5% of PNC Financial Services Group Inc.’s investment portfolio, making the stock its 26th biggest position. PNC Financial Services Group Inc. owned approximately 1.04% of iShares Core S&P Mid-Cap ETF worth $920,733,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IJH. Minot DeBlois Advisors LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter valued at approximately $27,000. MorganRosel Wealth Management LLC purchased a new stake in iShares Core S&P Mid-Cap ETF in the 1st quarter valued at approximately $29,000. American Capital Advisory LLC purchased a new stake in iShares Core S&P Mid-Cap ETF in the 1st quarter valued at approximately $33,000. Wayfinding Financial LLC acquired a new stake in iShares Core S&P Mid-Cap ETF during the 1st quarter valued at $37,000. Finally, Barnes Dennig Private Wealth Management LLC purchased a new position in iShares Core S&P Mid-Cap ETF during the first quarter worth $42,000. 14.60% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P Mid-Cap ETF Stock Down 1.5%

NYSEARCA IJH opened at $62.09 on Friday. iShares Core S&P Mid-Cap ETF has a fifty-two week low of $50.15 and a fifty-two week high of $68.33. The business has a fifty day moving average of $62.10 and a 200-day moving average of $60.68. The stock has a market cap of $95.18 billion, a price-to-earnings ratio of 19.00 and a beta of 1.12.

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).