iShares Core S&P Mid-Cap ETF $IJH Position Boosted by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. grew its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 1.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,872,639 shares of the company’s stock after purchasing an additional 260,163 shares during the period. iShares Core S&P Mid-Cap ETF comprises 0.6% of PNC Financial Services Group Inc.’s portfolio, making the stock its 25th largest holding. PNC Financial Services Group Inc. owned about 1.00% of iShares Core S&P Mid-Cap ETF worth $1,071,879,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp lifted its position in iShares Core S&P Mid-Cap ETF by 5.4% in the 4th quarter. Bank of New York Mellon Corp now owns 58,545,723 shares of the company’s stock worth $3,864,018,000 after buying an additional 2,998,287 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings 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 in the last quarter. Fifth Third Bancorp grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 58.2% during the 1st quarter. Fifth Third Bancorp now owns 7,404,697 shares of the company’s stock valued at $500,039,000 after acquiring an additional 2,724,330 shares in the last quarter. Valpey Financial Services LLC increased its stake in shares of iShares Core S&P Mid-Cap ETF by 6,393.9% in the fourth quarter. Valpey Financial Services LLC now owns 1,698,870 shares of the company’s stock worth $112,125,000 after acquiring an additional 1,672,709 shares during the last quarter. Finally, Bridges Investment Management Inc. increased its stake in shares of iShares Core S&P Mid-Cap ETF by 35.4% in the fourth quarter. Bridges Investment Management Inc. now owns 6,015,226 shares of the company’s stock worth $397,005,000 after acquiring an additional 1,572,184 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 Trading Up 1.1%

Shares of NYSEARCA:IJH opened at $75.72 on Wednesday. iShares Core S&P Mid-Cap ETF has a 1 year low of $61.29 and a 1 year high of $77.28. The business has a fifty day simple moving average of $74.98 and a 200 day simple moving average of $71.80. The firm has a market cap of $122.64 billion, a price-to-earnings ratio of 19.00 and a beta of 1.00.

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.