Madison Investment Advisors LLC Makes New Investment in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Madison Investment Advisors LLC bought a new position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 343,931 shares of the company’s stock, valued at approximately $21,430,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Bank of New York Mellon Corp increased its holdings in iShares Core S&P Mid-Cap ETF by 7.8% during 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. FMR LLC increased its holdings in iShares Core S&P Mid-Cap ETF by 16.2% during the 3rd quarter. FMR LLC now owns 41,350,772 shares of the company’s stock valued at $2,576,980,000 after purchasing an additional 5,776,791 shares in the last quarter. LPL Financial LLC increased its holdings in iShares Core S&P Mid-Cap ETF by 2.8% during the 3rd 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 in the last quarter. Raymond James Financial Inc. acquired a new stake in iShares Core S&P Mid-Cap ETF during the 4th quarter valued at $2,218,143,000. Finally, PNC Financial Services Group Inc. increased its stake in shares of iShares Core S&P Mid-Cap ETF by 0.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 16,591,359 shares of the company’s stock valued at $1,033,808,000 after buying an additional 56,800 shares during the period.

iShares Core S&P Mid-Cap ETF Stock Performance

NYSEARCA IJH opened at $58.11 on Thursday. The stock has a fifty day moving average of $63.00 and a 200-day moving average of $63.19. The stock has a market capitalization of $88.91 billion, a P/E ratio of 18.98 and a beta of 1.14. iShares Core S&P Mid-Cap ETF has a 52 week low of $56.01 and a 52 week high of $68.33.

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).