Montecito Bank & Trust Trims Stock Holdings in iShares Core S&P Mid-Cap ETF $IJH

Montecito Bank & Trust decreased its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 5.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 172,825 shares of the company’s stock after selling 9,503 shares during the quarter. iShares Core S&P Mid-Cap ETF comprises about 1.9% of Montecito Bank & Trust’s holdings, making the stock its 11th largest position. Montecito Bank & Trust’s holdings in iShares Core S&P Mid-Cap ETF were worth $11,671,000 at the end of the most recent reporting period.

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

iShares Core S&P Mid-Cap ETF Price Performance

NYSEARCA IJH opened at $75.78 on Friday. iShares Core S&P Mid-Cap ETF has a 1-year low of $59.84 and a 1-year high of $77.01. The firm has a market capitalization of $120.33 billion, a P/E ratio of 19.00 and a beta of 1.01. The business’s 50-day simple moving average is $73.52 and its 200-day simple moving average is $70.36.

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.