Pinnacle Financial Partners Inc Raises Stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Pinnacle Financial Partners Inc raised its stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 2.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 335,392 shares of the company’s stock after purchasing an additional 8,499 shares during the period. Pinnacle Financial Partners Inc’s holdings in iShares Core S&P Mid-Cap ETF were worth $20,902,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in IJH. JPMorgan Chase & Co. raised its stake in shares of iShares Core S&P Mid-Cap ETF by 407.0% during the first quarter. JPMorgan Chase & Co. now owns 38,027,122 shares of the company’s stock valued at $2,309,767,000 after acquiring an additional 30,526,866 shares in the last quarter. Envestnet Asset Management Inc. grew its position in iShares Core S&P Mid-Cap ETF by 83.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 24,275,880 shares of the company’s stock worth $1,420,625,000 after purchasing an additional 11,011,385 shares during the period. Raymond James & Associates grew its stake in shares of iShares Core S&P Mid-Cap ETF by 45.7% during the 3rd quarter. Raymond James & Associates now owns 27,500,341 shares of the company’s stock worth $1,713,821,000 after purchasing an additional 8,628,060 shares during the period. Strategic Financial Concepts LLC boosted its holdings in iShares Core S&P Mid-Cap ETF by 3,839.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 4,171,195 shares of the company’s stock valued at $2,441,000 after purchasing an additional 4,065,314 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 3.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 100,490,787 shares of the company’s stock worth $5,880,889,000 after purchasing an additional 3,196,592 shares during the period.

iShares Core S&P Mid-Cap ETF Stock Down 1.1 %

Shares of IJH opened at $65.81 on Wednesday. The firm’s 50 day moving average price is $62.32 and its 200 day moving average price is $60.49. iShares Core S&P Mid-Cap ETF has a fifty-two week low of $48.39 and a fifty-two week high of $66.75. The company has a market cap of $92.13 billion, a P/E 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).