Royal Bank of Canada Increases Stock Position in iShares Core S&P Mid-Cap ETF $IJH

Royal Bank of Canada grew its stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 6.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,229,492 shares of the company’s stock after acquiring an additional 1,482,873 shares during the quarter. Royal Bank of Canada’s holdings in iShares Core S&P Mid-Cap ETF were worth $1,665,147,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. boosted its holdings 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 New York Mellon Corp boosted its holdings in shares of iShares Core S&P Mid-Cap ETF by 5.4% during the 4th quarter. Bank of New York Mellon Corp now owns 58,545,723 shares of the company’s stock valued at $3,864,018,000 after acquiring an additional 2,998,287 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of iShares Core S&P Mid-Cap ETF by 3.0% during the 2nd quarter. Raymond James Financial Inc. now owns 38,719,798 shares of the company’s stock valued at $2,401,402,000 after acquiring an additional 1,122,461 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares Core S&P Mid-Cap ETF by 5.1% during the 4th 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. Finally, Northern Trust Corp boosted its holdings in shares of iShares Core S&P Mid-Cap ETF by 2.3% during the 3rd quarter. Northern Trust Corp now owns 23,218,270 shares of the company’s stock valued at $1,515,224,000 after acquiring an additional 525,952 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 Stock Down 0.3%

Shares of NYSEARCA IJH opened at $75.93 on Wednesday. The firm’s 50-day moving average price is $73.14 and its 200-day moving average price is $70.19. The company has a market cap of $120.57 billion, a PE ratio of 19.00 and a beta of 1.01. iShares Core S&P Mid-Cap ETF has a 52-week low of $59.84 and a 52-week high of $77.01.

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.