Bank of New York Mellon Corp Acquires 2,998,287 Shares of iShares Core S&P Mid-Cap ETF $IJH

Bank of New York Mellon Corp boosted its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 5.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 58,545,723 shares of the company’s stock after purchasing an additional 2,998,287 shares during the quarter. iShares Core S&P Mid-Cap ETF makes up 0.7% of Bank of New York Mellon Corp’s portfolio, making the stock its 18th biggest position. Bank of New York Mellon Corp’s holdings in iShares Core S&P Mid-Cap ETF were worth $3,864,018,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in IJH. Networth Advisors LLC bought a new position in iShares Core S&P Mid-Cap ETF in the fourth quarter worth $28,000. New Millennium Group LLC raised its holdings in iShares Core S&P Mid-Cap ETF by 72.1% in the third quarter. New Millennium Group LLC now owns 537 shares of the company’s stock worth $35,000 after purchasing an additional 225 shares in the last quarter. Maryland Capital Advisors Inc. raised its holdings in iShares Core S&P Mid-Cap ETF by 240.7% in the fourth quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock worth $36,000 after purchasing an additional 390 shares in the last quarter. Garner Asset Management Corp bought a new position in iShares Core S&P Mid-Cap ETF in the fourth quarter worth $39,000. Finally, Bank & Trust Co bought a new position in iShares Core S&P Mid-Cap ETF in the fourth quarter worth $41,000. Institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Up 0.9%

IJH opened at $75.22 on Wednesday. The stock has a fifty day simple moving average of $71.42 and a two-hundred day simple moving average of $69.35. The company has a market cap of $119.45 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02. iShares Core S&P Mid-Cap ETF has a 12-month low of $59.79 and a 12-month high of $75.22.

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.