Montecito Bank & Trust Takes $12.16 Million Position in iShares Core S&P Mid-Cap ETF $IJH

Montecito Bank & Trust purchased a new position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 186,379 shares of the company’s stock, valued at approximately $12,163,000. iShares Core S&P Mid-Cap ETF accounts for about 1.9% of Montecito Bank & Trust’s investment portfolio, making the stock its 10th biggest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IJH. Capital A Wealth Management LLC acquired a new stake in iShares Core S&P Mid-Cap ETF in the second quarter worth $25,000. Banque Transatlantique SA bought a new position in shares of iShares Core S&P Mid-Cap ETF during the first quarter worth about $35,000. PMV Capital Advisers LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the 2nd quarter worth about $38,000. Vermillion Wealth Management Inc. lifted its position in iShares Core S&P Mid-Cap ETF by 324.2% in the 2nd quarter. Vermillion Wealth Management Inc. now owns 649 shares of the company’s stock valued at $40,000 after purchasing an additional 496 shares during the last quarter. Finally, Access Investment Management LLC acquired a new position in iShares Core S&P Mid-Cap ETF during the 2nd quarter valued at about $42,000. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Down 0.5%

NYSEARCA IJH opened at $65.98 on Thursday. The company has a 50-day moving average price of $65.25 and a two-hundred day moving average price of $64.18. iShares Core S&P Mid-Cap ETF has a 52 week low of $50.15 and a 52 week high of $68.22. The stock has a market cap of $101.25 billion, a price-to-earnings ratio of 19.00 and a beta of 1.07.

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).