Mechanics Bank Trust Department Makes New Investment in iShares Core S&P Mid-Cap ETF $IJH

Mechanics Bank Trust Department acquired a new position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 43,571 shares of the company’s stock, valued at approximately $3,135,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Bank of New York Mellon Corp boosted its stake in iShares Core S&P Mid-Cap ETF by 0.3% in the 1st quarter. Bank of New York Mellon Corp now owns 58,734,173 shares of the company’s stock worth $3,966,319,000 after purchasing an additional 188,450 shares during the period. Envestnet Asset Management Inc. grew its position in iShares Core S&P Mid-Cap ETF by 3.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 37,195,080 shares of the company’s stock worth $2,868,113,000 after purchasing an additional 1,156,205 shares in the last quarter. Royal Bank of Canada raised its stake in 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 valued at $1,665,147,000 after purchasing an additional 1,482,873 shares during the period. PNC Financial Services Group Inc. raised its stake in 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 valued at $1,071,879,000 after purchasing an additional 260,163 shares during the period. Finally, Mariner LLC raised its stake in iShares Core S&P Mid-Cap ETF by 4.8% during the 4th quarter. Mariner LLC now owns 15,042,290 shares of the company’s stock valued at $992,815,000 after purchasing an additional 685,469 shares during the period. 14.60% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P Mid-Cap ETF Stock Up 0.1%

Shares of IJH traded up $0.10 during mid-day trading on Tuesday, reaching $73.26. The company’s stock had a trading volume of 6,484,190 shares, compared to its average volume of 10,637,344. The company has a market cap of $122.93 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02. The business has a fifty day moving average of $74.95 and a 200 day moving average of $74.15. iShares Core S&P Mid-Cap ETF has a 1 year low of $62.22 and a 1 year high of $78.71.

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). 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.