Integrated Advisors Network LLC Cuts Stake in iShares Core S&P Mid-Cap ETF $IJH

Integrated Advisors Network LLC lowered its stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 11.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 183,295 shares of the company’s stock after selling 22,761 shares during the period. iShares Core S&P Mid-Cap ETF comprises approximately 0.6% of Integrated Advisors Network LLC’s investment portfolio, making the stock its 22nd biggest holding. Integrated Advisors Network LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $12,378,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Bank of New York Mellon Corp raised its position in iShares Core S&P Mid-Cap ETF by 5.4% in 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 acquiring an additional 2,998,287 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Core S&P Mid-Cap ETF by 2.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 122,648,738 shares of the company’s stock valued at $8,004,057,000 after acquiring an additional 2,757,510 shares during the period. Valpey Financial Services LLC increased its stake in shares of iShares Core S&P Mid-Cap ETF by 6,393.9% during the 4th quarter. Valpey Financial Services LLC now owns 1,698,870 shares of the company’s stock worth $112,125,000 after purchasing an additional 1,672,709 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in shares of iShares Core S&P Mid-Cap ETF by 238.9% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 2,302,038 shares of the company’s stock worth $150,231,000 after purchasing an additional 1,622,736 shares during the last quarter. Finally, Bridges Investment Management Inc. raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 35.4% in the 4th quarter. Bridges Investment Management Inc. now owns 6,015,226 shares of the company’s stock worth $397,005,000 after purchasing an additional 1,572,184 shares during the period. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Up 0.2%

iShares Core S&P Mid-Cap ETF stock opened at $76.55 on Tuesday. iShares Core S&P Mid-Cap ETF has a 12 month low of $61.29 and a 12 month high of $77.28. The business’s 50 day simple moving average is $74.39 and its 200 day simple moving average is $71.06. The company has a market cap of $123.41 billion, a price-to-earnings ratio of 19.00 and a beta of 1.00.

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). 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.