Flputnam Investment Management Co. Reduces Position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Flputnam Investment Management Co. trimmed its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 16.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,634,865 shares of the company’s stock after selling 535,220 shares during the period. iShares Core S&P Mid-Cap ETF accounts for about 3.0% of Flputnam Investment Management Co.’s portfolio, making the stock its 6th biggest holding. Flputnam Investment Management Co.’s holdings in iShares Core S&P Mid-Cap ETF were worth $164,178,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in IJH. Bank of New York Mellon Corp grew its stake in 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 buying an additional 3,773,422 shares during the last quarter. FMR LLC boosted its holdings 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 worth $2,576,980,000 after acquiring an additional 5,776,791 shares during the period. LPL Financial LLC grew its position in shares of iShares Core S&P Mid-Cap ETF by 2.8% in the third quarter. LPL Financial LLC now owns 41,176,915 shares of the company’s stock valued at $2,566,145,000 after purchasing an additional 1,114,290 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of iShares Core S&P Mid-Cap ETF by 1.1% in the third quarter. PNC Financial Services Group Inc. now owns 16,534,559 shares of the company’s stock valued at $1,030,434,000 after purchasing an additional 179,657 shares during the last quarter. Finally, Truist Financial Corp increased its stake in shares of 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 purchasing 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 stock has a 50 day simple moving average of $63.54 and a 200 day simple moving average of $63.23. iShares Core S&P Mid-Cap ETF has a 1-year low of $56.01 and a 1-year high of $68.33. The stock has a market cap of $86.63 billion, a P/E ratio of 3.28 and a beta of 1.09.

iShares Core S&P Mid-Cap ETF Company 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).