City National Bank of Florida MSD Invests $1.17 Million in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

City National Bank of Florida MSD acquired a new stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,829 shares of the company’s stock, valued at approximately $1,173,000. iShares Core S&P Mid-Cap ETF accounts for about 1.1% of City National Bank of Florida MSD’s investment portfolio, making the stock its 15th largest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IJH. Bank of America Corp DE boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 4.1% in the 4th quarter. Bank of America Corp DE now owns 67,787,878 shares of the company’s stock worth $4,223,863,000 after buying an additional 2,660,582 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in 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 valued at $3,239,300,000 after acquiring an additional 3,773,422 shares during the period. Wells Fargo & Company MN boosted its position in iShares Core S&P Mid-Cap ETF by 7.3% in the fourth quarter. Wells Fargo & Company MN now owns 51,247,964 shares of the company’s stock worth $3,193,261,000 after purchasing an additional 3,500,023 shares during the last quarter. FMR LLC grew its stake in shares of iShares Core S&P Mid-Cap ETF by 10.6% during the 4th quarter. FMR LLC now owns 45,753,482 shares of the company’s stock valued at $2,850,899,000 after purchasing an additional 4,402,710 shares during the period. Finally, LPL Financial LLC increased its position in shares of iShares Core S&P Mid-Cap ETF by 3.3% during the 4th quarter. LPL Financial LLC now owns 42,550,311 shares of the company’s stock valued at $2,651,310,000 after purchasing an additional 1,373,396 shares during the last quarter.

iShares Core S&P Mid-Cap ETF Trading Down 2.7%

IJH opened at $59.76 on Thursday. The company’s 50 day moving average is $57.46 and its 200 day moving average is $61.61. The company has a market cap of $90.84 billion, a price-to-earnings ratio of 16.80 and a beta of 1.07. iShares Core S&P Mid-Cap ETF has a 12-month low of $50.15 and a 12-month high of $68.33.

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).