Smithbridge Asset Management Inc. DE Takes Position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Smithbridge Asset Management Inc. DE acquired a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 68,711 shares of the company’s stock, valued at approximately $4,009,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in iShares Core S&P Mid-Cap ETF during the fourth quarter valued at approximately $2,218,143,000. FMR LLC boosted its holdings in iShares Core S&P Mid-Cap ETF by 10.6% in 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. Royal Bank of Canada grew its position in shares of iShares Core S&P Mid-Cap ETF by 19.6% during the 4th quarter. Royal Bank of Canada now owns 25,727,192 shares of the company’s stock valued at $1,603,063,000 after purchasing an additional 4,222,994 shares in the last quarter. Starboard Value LP purchased a new position in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter valued at $247,076,000. Finally, Bank of New York Mellon Corp increased its holdings 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 purchasing an additional 3,773,422 shares during the period.

iShares Core S&P Mid-Cap ETF Stock Performance

NYSEARCA:IJH opened at $61.20 on Friday. The firm has a market capitalization of $93.64 billion, a price-to-earnings ratio of 18.36 and a beta of 1.06. iShares Core S&P Mid-Cap ETF has a 52-week low of $50.15 and a 52-week high of $68.33. The stock has a fifty day moving average of $58.21 and a 200 day moving average of $61.10.

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).