Commonwealth Equity Services LLC Makes New $296.30 Million Investment in iShares Core S&P Mid-Cap ETF $IJH

Commonwealth Equity Services LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,118,199 shares of the company’s stock, valued at approximately $296,304,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in IJH. Citizens Financial Group Inc. RI acquired a new position in iShares Core S&P Mid-Cap ETF in the third quarter valued at $214,394,000. BLB&B Advisors LLC purchased a new position in iShares Core S&P Mid-Cap ETF during the third quarter worth about $196,559,000. Fifth Third Bancorp lifted its position in iShares Core S&P Mid-Cap ETF by 58.2% during the first quarter. Fifth Third Bancorp now owns 7,404,697 shares of the company’s stock worth $500,039,000 after buying an additional 2,724,330 shares during the period. Sigma Investment Counselors Inc. purchased a new position in iShares Core S&P Mid-Cap ETF during the third quarter worth about $142,420,000. Finally, Farmers & Merchants Investments Inc. acquired a new stake in iShares Core S&P Mid-Cap ETF in the 3rd quarter worth about $142,075,000. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Down 3.9%

Shares of NYSEARCA:IJH opened at $71.68 on Friday. The firm has a market cap of $120.46 billion, a price-to-earnings ratio of 19.00 and a beta of 1.01. The stock’s 50-day moving average price is $73.56 and its two-hundred day moving average price is $73.05. iShares Core S&P Mid-Cap ETF has a 12-month low of $62.22 and a 12-month high of $78.71.

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.