M&T Bank Corp Decreases Stock Position in iShares Core S&P Mid-Cap ETF $IJH

M&T Bank Corp cut its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 3.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,398,363 shares of the company’s stock after selling 43,373 shares during the quarter. M&T Bank Corp’s holdings in iShares Core S&P Mid-Cap ETF were worth $92,292,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in IJH. Networth Advisors LLC acquired a new position in iShares Core S&P Mid-Cap ETF in the 4th quarter valued at about $28,000. Davis Capital Management acquired a new position in iShares Core S&P Mid-Cap ETF in the 3rd quarter valued at about $30,000. New Millennium Group LLC raised its stake in iShares Core S&P Mid-Cap ETF by 72.1% in the 3rd quarter. New Millennium Group LLC now owns 537 shares of the company’s stock valued at $35,000 after purchasing an additional 225 shares during the last quarter. Maryland Capital Advisors Inc. raised its stake in iShares Core S&P Mid-Cap ETF by 240.7% in the 4th quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock valued at $36,000 after purchasing an additional 390 shares during the last quarter. Finally, Bank & Trust Co acquired a new position in iShares Core S&P Mid-Cap ETF in the 4th quarter valued at about $41,000. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of IJH stock opened at $72.81 on Monday. The firm has a 50-day moving average price of $69.83 and a 200 day moving average price of $68.16. iShares Core S&P Mid-Cap ETF has a twelve month low of $57.76 and a twelve month high of $74.03. The company has a market capitalization of $115.62 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02.

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.