CIBC Bancorp USA Inc. Purchases New Position in iShares Core S&P Mid-Cap ETF $IJH

CIBC Bancorp USA Inc. purchased a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 535,025 shares of the company’s stock, valued at approximately $34,916,000.

Several other hedge funds have also recently bought and sold shares of IJH. Bell Investment Advisors Inc lifted its holdings in shares of iShares Core S&P Mid-Cap ETF by 77.9% during the third quarter. Bell Investment Advisors Inc now owns 1,948 shares of the company’s stock valued at $127,000 after acquiring an additional 853 shares during the period. Old North State Trust LLC grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 15.9% in the 3rd quarter. Old North State Trust LLC now owns 9,468 shares of the company’s stock worth $618,000 after purchasing an additional 1,297 shares during the last quarter. Portus Wealth Advisors LLC bought a new stake in shares of iShares Core S&P Mid-Cap ETF in the 3rd quarter worth about $1,271,000. Centaurus Financial Inc. increased its position in shares of iShares Core S&P Mid-Cap ETF by 2.2% during the 3rd quarter. Centaurus Financial Inc. now owns 226,872 shares of the company’s stock worth $14,806,000 after purchasing an additional 4,964 shares in the last quarter. Finally, First Commonwealth Financial Corp PA lifted its holdings in iShares Core S&P Mid-Cap ETF by 99.9% during the 3rd quarter. First Commonwealth Financial Corp PA now owns 7,956 shares of the company’s stock valued at $519,000 after purchasing an additional 3,977 shares during the last quarter. 14.60% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P Mid-Cap ETF Stock Up 0.7%

NYSEARCA:IJH opened at $67.82 on Wednesday. The firm has a market cap of $105.92 billion, a PE ratio of 19.00 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 $72.56. The company’s 50-day moving average price is $69.99 and its two-hundred day moving average price is $67.15.

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.