Convergence Financial LLC Sells 15,293 Shares of iShares Core S&P Mid-Cap ETF $IJH

Convergence Financial LLC trimmed its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 22.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,261 shares of the company’s stock after selling 15,293 shares during the period. Convergence Financial LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $3,581,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Bank of New York Mellon Corp increased its stake in iShares Core S&P Mid-Cap ETF by 5.4% in the 4th quarter. Bank of New York Mellon Corp now owns 58,545,723 shares of the company’s stock worth $3,864,018,000 after buying an additional 2,998,287 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Core S&P Mid-Cap ETF by 2.3% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 122,648,738 shares of the company’s stock valued at $8,004,057,000 after acquiring an additional 2,757,510 shares in the last quarter. Valpey Financial Services LLC lifted its position in shares of iShares Core S&P Mid-Cap ETF by 6,393.9% in the fourth quarter. Valpey Financial Services LLC now owns 1,698,870 shares of the company’s stock valued at $112,125,000 after acquiring an additional 1,672,709 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 238.9% in the third quarter. Mercer Global Advisors Inc. ADV now owns 2,302,038 shares of the company’s stock worth $150,231,000 after acquiring an additional 1,622,736 shares during the period. Finally, Bridges Investment Management Inc. boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 35.4% in the fourth quarter. Bridges Investment Management Inc. now owns 6,015,226 shares of the company’s stock worth $397,005,000 after acquiring an additional 1,572,184 shares during the period. Institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of IJH opened at $75.46 on Friday. The firm has a market cap of $119.83 billion, a P/E ratio of 19.00 and a beta of 1.01. iShares Core S&P Mid-Cap ETF has a 1 year low of $59.84 and a 1 year high of $75.64. The company has a 50 day simple moving average of $71.92 and a two-hundred day simple moving average of $69.57.

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.