NORTHSTAR ASSET MANAGEMENT Co Makes New Investment in iShares Core S&P Mid-Cap ETF $IJH

NORTHSTAR ASSET MANAGEMENT Co bought a new position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 8,400 shares of the company’s stock, valued at approximately $616,000.

Other institutional investors have also recently modified their holdings of the company. Bank of New York Mellon Corp raised its position in shares of iShares Core S&P Mid-Cap ETF by 0.3% in the 1st quarter. Bank of New York Mellon Corp now owns 58,734,173 shares of the company’s stock worth $3,966,319,000 after purchasing an additional 188,450 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares Core S&P Mid-Cap ETF by 3.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 37,195,080 shares of the company’s stock worth $2,868,113,000 after purchasing an additional 1,156,205 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in iShares Core S&P Mid-Cap ETF by 1.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 15,872,639 shares of the company’s stock worth $1,071,879,000 after purchasing an additional 260,163 shares in the last quarter. Keybank National Association OH boosted its stake in iShares Core S&P Mid-Cap ETF by 1.0% in the 1st quarter. Keybank National Association OH now owns 9,151,043 shares of the company’s stock worth $617,970,000 after purchasing an additional 93,832 shares in the last quarter. Finally, Catalyst Capital Advisors LLC grew its position in iShares Core S&P Mid-Cap ETF by 6.3% during the 1st quarter. Catalyst Capital Advisors LLC now owns 8,281,613 shares of the company’s stock valued at $559,257,000 after purchasing an additional 489,160 shares during the last quarter. 14.60% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

IJH stock traded down $0.43 during trading on Friday, hitting $72.37. 5,355,865 shares of the stock traded hands, compared to its average volume of 10,514,122. iShares Core S&P Mid-Cap ETF has a 1 year low of $62.22 and a 1 year high of $78.71. The firm’s 50 day moving average is $74.15 and its two-hundred day moving average is $74.40. The stock has a market cap of $121.27 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02.

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). 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.