Bank of America Corp DE Sells 1,934,894 Shares of iShares Core S&P Mid-Cap ETF $IJH

Bank of America Corp DE cut its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 2.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 67,162,982 shares of the company’s stock after selling 1,934,894 shares during the period. Bank of America Corp DE owned about 4.23% of iShares Core S&P Mid-Cap ETF worth $4,535,516,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Networth Advisors LLC bought a new position in iShares Core S&P Mid-Cap ETF in the fourth quarter valued at $28,000. Maryland Capital Advisors Inc. increased its stake in iShares Core S&P Mid-Cap ETF by 240.7% in the 4th quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock valued at $36,000 after buying an additional 390 shares during the last quarter. Timmons Wealth Management LLC acquired a new stake in iShares Core S&P Mid-Cap ETF in the 4th quarter valued at $37,000. Garner Asset Management Corp bought a new stake in iShares Core S&P Mid-Cap ETF during the 4th quarter worth about $39,000. Finally, Garton & Associates Financial Advisors LLC bought a new stake in iShares Core S&P Mid-Cap ETF during the 4th quarter worth about $40,000. Institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

iShares Core S&P Mid-Cap ETF stock opened at $74.73 on Thursday. The firm has a 50-day moving average of $75.35 and a 200-day moving average of $72.13. iShares Core S&P Mid-Cap ETF has a one year low of $61.29 and a one year high of $77.28. The company has a market cap of $121.08 billion, a price-to-earnings ratio of 19.00 and a beta of 1.00.

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.