Valmark Advisers Inc. Cuts Stock Position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Valmark Advisers Inc. decreased its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 0.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 930,610 shares of the company’s stock after selling 3,547 shares during the period. iShares Core S&P Mid-Cap ETF comprises 0.8% of Valmark Advisers Inc.’s portfolio, making the stock its 26th largest holding. Valmark Advisers Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $54,301,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in iShares Core S&P Mid-Cap ETF during the fourth quarter worth $2,218,143,000. FMR LLC boosted its position 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 worth $2,850,899,000 after purchasing an additional 4,402,710 shares in the last quarter. Royal Bank of Canada grew its stake 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 worth $1,603,063,000 after purchasing an additional 4,222,994 shares during the period. Starboard Value LP purchased a new position in shares of iShares Core S&P Mid-Cap ETF in the 4th quarter valued at about $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 4th 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 purchasing an additional 3,773,422 shares in the last quarter.

iShares Core S&P Mid-Cap ETF Stock Down 0.0%

Shares of NYSEARCA IJH opened at $60.43 on Monday. The stock has a market capitalization of $92.46 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 firm has a 50-day moving average price of $59.02 and a 200 day moving average price of $60.73.

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).