Farmers & Merchants Investments Inc. Makes New Investment in iShares Core S&P Mid-Cap ETF $IJH

Farmers & Merchants Investments Inc. bought a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 1,974,629 shares of the company’s stock, valued at approximately $142,075,000. iShares Core S&P Mid-Cap ETF makes up approximately 3.3% of Farmers & Merchants Investments Inc.’s holdings, making the stock its 7th biggest holding.

A number of other large investors have also recently bought and sold shares of the stock. Bank of New York Mellon Corp boosted its stake in iShares Core S&P Mid-Cap ETF by 0.3% in the 1st quarter. Bank of New York Mellon Corp now owns 58,734,173 shares of the company’s stock worth $3,966,319,000 after buying an additional 188,450 shares during the last quarter. Envestnet Asset Management Inc. raised its position 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 purchasing an additional 1,156,205 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of 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 valued at $1,071,879,000 after buying an additional 260,163 shares during the period. Keybank National Association OH boosted its position in iShares Core S&P Mid-Cap ETF by 1.0% during the 1st quarter. Keybank National Association OH now owns 9,151,043 shares of the company’s stock valued at $617,970,000 after purchasing an additional 93,832 shares during the period. Finally, Catalyst Capital Advisors LLC raised its stake in iShares Core S&P Mid-Cap ETF by 6.3% during the 1st quarter. Catalyst Capital Advisors LLC now owns 8,281,613 shares of the company’s stock valued at $559,257,000 after acquiring an additional 489,160 shares in the last quarter. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IJH opened at $72.37 on Friday. iShares Core S&P Mid-Cap ETF has a 1-year low of $62.22 and a 1-year high of $78.71. The stock has a market capitalization of $121.27 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02. The company has a 50 day moving average price of $74.15 and a 200 day moving average price of $74.40.

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.