SVB Wealth LLC Makes New Investment in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

SVB Wealth LLC bought a new stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the fourth quarter, HoldingsChannel.com reports. The fund bought 218,336 shares of the company’s stock, valued at approximately $13,605,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of IJH. Bank of New York Mellon Corp grew its position in iShares Core S&P Mid-Cap ETF by 7.8% in the 4th quarter. Bank of New York Mellon Corp now owns 51,986,835 shares of the company’s stock valued at $3,239,300,000 after acquiring an additional 3,773,422 shares during the last quarter. FMR LLC boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 16.2% during the third quarter. FMR LLC now owns 41,350,772 shares of the company’s stock valued at $2,576,980,000 after purchasing an additional 5,776,791 shares during the period. LPL Financial LLC grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 2.8% in the third quarter. LPL Financial LLC now owns 41,176,915 shares of the company’s stock worth $2,566,145,000 after purchasing an additional 1,114,290 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 1.1% in the third quarter. PNC Financial Services Group Inc. now owns 16,534,559 shares of the company’s stock worth $1,030,434,000 after purchasing an additional 179,657 shares during the last quarter. Finally, Truist Financial Corp increased its stake in iShares Core S&P Mid-Cap ETF by 25.5% in the 4th quarter. Truist Financial Corp now owns 9,339,551 shares of the company’s stock worth $581,947,000 after buying an additional 1,899,518 shares during the period.

iShares Core S&P Mid-Cap ETF Price Performance

iShares Core S&P Mid-Cap ETF stock opened at $61.88 on Friday. The stock has a market cap of $86.63 billion, a price-to-earnings ratio of 3.28 and a beta of 1.09. The firm has a 50-day moving average of $63.54 and a two-hundred day moving average of $63.23. iShares Core S&P Mid-Cap ETF has a 1 year low of $56.01 and a 1 year high of $68.33.

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).