Pinnacle Wealth Management Advisory Group LLC Sells 7,087 Shares of iShares Core S&P Mid-Cap ETF $IJH

Pinnacle Wealth Management Advisory Group LLC trimmed its stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 2.2% in the 1st quarter, HoldingsChannel reports. The firm owned 308,548 shares of the company’s stock after selling 7,087 shares during the period. iShares Core S&P Mid-Cap ETF makes up 1.4% of Pinnacle Wealth Management Advisory Group LLC’s portfolio, making the stock its 15th largest holding. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $20,836,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Bank of New York Mellon Corp raised its stake in shares of iShares Core S&P Mid-Cap ETF by 5.4% in the fourth 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 during the period. Northwestern Mutual Wealth Management Co. grew its stake 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 during the period. Valpey Financial Services LLC grew its stake in shares of iShares Core S&P Mid-Cap ETF by 6,393.9% during the 4th quarter. Valpey Financial Services LLC now owns 1,698,870 shares of the company’s stock valued at $112,125,000 after acquiring an additional 1,672,709 shares during the period. Mercer Global Advisors Inc. ADV increased its holdings in iShares Core S&P Mid-Cap ETF by 238.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 2,302,038 shares of the company’s stock worth $150,231,000 after acquiring an additional 1,622,736 shares in the last quarter. Finally, Bridges Investment Management Inc. increased its holdings in iShares Core S&P Mid-Cap ETF by 35.4% in the 4th 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 in the last quarter. 14.60% of the stock is owned by institutional investors.

iShares Core S&P Mid-Cap ETF Trading Down 0.3%

NYSEARCA IJH opened at $76.22 on Friday. iShares Core S&P Mid-Cap ETF has a 12 month low of $61.29 and a 12 month high of $77.12. The stock has a market cap of $121.03 billion, a price-to-earnings ratio of 19.00 and a beta of 1.01. The company’s 50 day moving average is $74.01 and its two-hundred day moving average is $70.70.

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.