FineMark National Bank & Trust Reduces Stock Position in iShares Core S&P Mid-Cap ETF $IJH

FineMark National Bank & Trust trimmed its stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 13.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 499,519 shares of the company’s stock after selling 74,366 shares during the period. iShares Core S&P Mid-Cap ETF comprises about 1.1% of FineMark National Bank & Trust’s holdings, making the stock its 17th biggest position. FineMark National Bank & Trust’s holdings in iShares Core S&P Mid-Cap ETF were worth $30,980,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Core S&P Mid-Cap ETF by 3.1% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 114,080,884 shares of the company’s stock worth $6,656,620,000 after purchasing an additional 3,403,689 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in iShares Core S&P Mid-Cap ETF by 1.0% in the second quarter. Bank of New York Mellon Corp now owns 59,972,950 shares of the company’s stock valued at $3,719,522,000 after purchasing an additional 571,850 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of iShares Core S&P Mid-Cap ETF by 5.6% in the first quarter. Raymond James Financial Inc. now owns 37,597,337 shares of the company’s stock valued at $2,193,804,000 after buying an additional 1,998,826 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares Core S&P Mid-Cap ETF by 1.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 34,572,306 shares of the company’s stock worth $2,143,792,000 after buying an additional 516,089 shares during the last quarter. Finally, Northern Trust Corp boosted its position in shares of iShares Core S&P Mid-Cap ETF by 7.5% in the 1st quarter. Northern Trust Corp now owns 22,885,189 shares of the company’s stock worth $1,335,351,000 after buying an additional 1,602,288 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 Trading Up 0.3%

Shares of NYSEARCA IJH opened at $63.21 on Wednesday. The company’s 50-day moving average price is $65.12 and its 200 day moving average price is $63.36. iShares Core S&P Mid-Cap ETF has a 52 week low of $50.15 and a 52 week high of $68.33. The stock has a market cap of $97.00 billion, a price-to-earnings ratio of 19.00 and a beta of 1.07.

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).