Tortoise Investment Management LLC Lowers Stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Tortoise Investment Management LLC cut its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,485 shares of the company’s stock after selling 275 shares during the quarter. Tortoise Investment Management LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $1,339,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp boosted its position in shares of iShares Core S&P Mid-Cap ETF by 7.8% in the fourth quarter. Bank of New York Mellon Corp now owns 51,986,835 shares of the company’s stock worth $3,239,300,000 after acquiring an additional 3,773,422 shares during the last quarter. FMR LLC boosted its position in shares of iShares Core S&P Mid-Cap ETF by 16.2% in the third quarter. FMR LLC now owns 41,350,772 shares of the company’s stock worth $2,576,980,000 after acquiring an additional 5,776,791 shares during the last quarter. LPL Financial LLC boosted its position in shares of iShares Core S&P Mid-Cap ETF by 2.8% in the third quarter. LPL Financial LLC now owns 41,176,915 shares of the company’s stock worth $2,566,145,000 after acquiring an additional 1,114,290 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter worth approximately $2,218,143,000. Finally, PNC Financial Services Group Inc. boosted its position in shares of iShares Core S&P Mid-Cap ETF by 0.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 16,591,359 shares of the company’s stock worth $1,033,808,000 after acquiring an additional 56,800 shares during the last quarter.

iShares Core S&P Mid-Cap ETF Stock Up 0.6 %

Shares of IJH stock opened at $59.74 on Monday. The stock has a market cap of $91.40 billion, a price-to-earnings ratio of 18.98 and a beta of 1.14. iShares Core S&P Mid-Cap ETF has a fifty-two week low of $56.01 and a fifty-two week high of $68.33. The firm’s 50 day moving average price is $63.24 and its two-hundred day moving average price is $63.27.

iShares Core S&P Mid-Cap ETF 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).