ADG Wealth Management Group LLC Acquires New Stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

ADG Wealth Management Group LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 115,317 shares of the company’s stock, valued at approximately $7,185,000. iShares Core S&P Mid-Cap ETF comprises about 6.4% of ADG Wealth Management Group LLC’s investment portfolio, making the stock its 6th biggest holding.

A number of other large investors have also made changes to their positions in the stock. Bank of New York Mellon Corp boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 7.8% during 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 last quarter. FMR LLC boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 16.2% during the third quarter. FMR LLC now owns 41,350,772 shares of the company’s stock valued at $2,576,980,000 after acquiring an additional 5,776,791 shares during the last quarter. LPL Financial LLC boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 2.8% during the third quarter. LPL Financial LLC now owns 41,176,915 shares of the company’s stock valued at $2,566,145,000 after acquiring an additional 1,114,290 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in iShares Core S&P Mid-Cap ETF by 1.1% during the third quarter. PNC Financial Services Group Inc. now owns 16,534,559 shares of the company’s stock worth $1,030,434,000 after buying an additional 179,657 shares during the period. Finally, Truist Financial Corp lifted its position in iShares Core S&P Mid-Cap ETF by 25.5% during the fourth quarter. Truist Financial Corp now owns 9,339,551 shares of the company’s stock worth $581,947,000 after buying an additional 1,899,518 shares during the period.

iShares Core S&P Mid-Cap ETF Trading Up 1.0 %

NYSEARCA IJH opened at $61.88 on Friday. The business’s 50-day moving average price is $63.54 and its 200 day moving average price is $63.23. iShares Core S&P Mid-Cap ETF has a twelve month low of $56.01 and a twelve month high of $68.33. The company has a market capitalization of $86.63 billion, a PE ratio of 3.28 and a beta of 1.09.

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).