Worth Asset Management LLC Makes New Investment in iShares Core S&P Mid-Cap ETF $IJH

Worth Asset Management LLC bought a new position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 15,112 shares of the company’s stock, valued at approximately $1,087,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Bank of New York Mellon Corp raised its position in shares of iShares Core S&P Mid-Cap ETF by 0.3% during the first quarter. Bank of New York Mellon Corp now owns 58,734,173 shares of the company’s stock worth $3,966,319,000 after acquiring an additional 188,450 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares Core S&P Mid-Cap ETF by 3.2% in the second quarter. Envestnet Asset Management Inc. now owns 37,195,080 shares of the company’s stock valued at $2,868,113,000 after acquiring an additional 1,156,205 shares during the last quarter. Royal Bank of Canada increased its position in iShares Core S&P Mid-Cap ETF by 6.2% during the 4th quarter. Royal Bank of Canada now owns 25,229,492 shares of the company’s stock valued at $1,665,147,000 after purchasing an additional 1,482,873 shares during the period. PNC Financial Services Group Inc. raised its holdings in iShares Core S&P Mid-Cap ETF by 1.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 15,872,639 shares of the company’s stock worth $1,071,879,000 after purchasing an additional 260,163 shares during the last quarter. Finally, Mariner LLC raised its holdings in iShares Core S&P Mid-Cap ETF by 4.8% during the 4th quarter. Mariner LLC now owns 15,042,290 shares of the company’s stock worth $992,815,000 after purchasing an additional 685,469 shares during the last quarter. Institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of NYSEARCA IJH traded down $1.09 during midday trading on Wednesday, reaching $72.91. The stock had a trading volume of 3,519,219 shares, compared to its average volume of 10,712,323. The firm has a market cap of $122.39 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02. iShares Core S&P Mid-Cap ETF has a twelve month low of $62.22 and a twelve month high of $78.71. The company’s 50 day moving average price is $75.22 and its 200 day moving average price is $73.94.

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.