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

Royal Bank of Canada lessened its holdings in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 12.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,027,238 shares of the company’s stock after selling 3,202,254 shares during the period. Royal Bank of Canada’s holdings in iShares Core S&P Mid-Cap ETF were worth $1,487,499,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Richwood Investment Advisors LLC grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 1.0% in the first quarter. Richwood Investment Advisors LLC now owns 135,546 shares of the company’s stock valued at $9,153,000 after purchasing an additional 1,298 shares during the period. Estate Counselors LLC acquired a new position in iShares Core S&P Mid-Cap ETF in the 1st quarter valued at about $760,000. Evelyn Partners Asset Management Ltd grew its stake in shares of iShares Core S&P Mid-Cap ETF by 158.2% in the 1st quarter. Evelyn Partners Asset Management Ltd now owns 2,479 shares of the company’s stock valued at $167,000 after buying an additional 1,519 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of iShares Core S&P Mid-Cap ETF by 0.3% in the 1st quarter. The Manufacturers Life Insurance Company now owns 947,313 shares of the company’s stock valued at $63,972,000 after buying an additional 2,670 shares during the period. Finally, Excelsior Advisor Network LLC increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 3.3% during the 1st quarter. Excelsior Advisor Network LLC now owns 7,864 shares of the company’s stock worth $531,000 after buying an additional 248 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 Performance

IJH stock opened at $76.03 on Wednesday. iShares Core S&P Mid-Cap ETF has a one year low of $61.29 and a one year high of $77.28. The firm has a market cap of $123.06 billion, a PE ratio of 19.00 and a beta of 1.00. The firm’s 50 day moving average price is $75.31 and its 200-day moving average price is $72.09.

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.