iShares Core S&P Mid-Cap ETF $IJH Shares Newly Bought by Bangor Savings Bank

Bangor Savings Bank acquired a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 866,844 shares of the company’s stock, valued at approximately $62,369,000. iShares Core S&P Mid-Cap ETF accounts for about 4.7% of Bangor Savings Bank’s holdings, making the stock its 5th biggest position.

A number of other hedge funds have also recently modified their holdings of the stock. Bank of New York Mellon Corp grew its holdings in 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 period. Envestnet Asset Management Inc. lifted 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 period. LPL Financial LLC boosted its position in iShares Core S&P Mid-Cap ETF by 5.1% in the 4th quarter. LPL Financial LLC now owns 29,123,810 shares of the company’s stock worth $1,922,171,000 after purchasing an additional 1,406,203 shares in the last quarter. Royal Bank of Canada grew its stake in shares of 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 worth $1,665,147,000 after purchasing an additional 1,482,873 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake 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 worth $1,071,879,000 after purchasing an additional 260,163 shares during the period. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Up 0.4%

Shares of NYSEARCA:IJH traded up $0.32 during trading on Tuesday, hitting $74.00. 5,629,883 shares of the stock traded hands, compared to its average volume of 10,752,261. The company has a fifty day moving average price of $75.22 and a two-hundred day moving average price of $73.94. iShares Core S&P Mid-Cap ETF has a 52-week low of $62.22 and a 52-week high of $78.71. The company has a market cap of $124.39 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02.

iShares Core S&P Mid-Cap ETF Company Profile

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.