Cornerstone Wealth Group LLC Takes $1.03 Million Position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Cornerstone Wealth Group LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 17,025 shares of the company’s stock, valued at approximately $1,034,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 144.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,781,198 shares of the company’s stock valued at $4,184,395,000 after purchasing an additional 9,906,690 shares during the last quarter. Morgan Stanley grew its holdings in iShares Core S&P Mid-Cap ETF by 4.9% in the 3rd quarter. Morgan Stanley now owns 7,116,633 shares of the company’s stock worth $1,774,533,000 after acquiring an additional 333,815 shares during the last quarter. Royal Bank of Canada grew its holdings in iShares Core S&P Mid-Cap ETF by 19.2% in the 4th quarter. Royal Bank of Canada now owns 4,824,156 shares of the company’s stock worth $1,337,015,000 after acquiring an additional 777,708 shares during the last quarter. Northern Trust Corp grew its holdings in iShares Core S&P Mid-Cap ETF by 1.2% in the 4th quarter. Northern Trust Corp now owns 3,640,557 shares of the company’s stock worth $1,008,980,000 after acquiring an additional 43,166 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan grew its holdings in iShares Core S&P Mid-Cap ETF by 291.4% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 2,946,566 shares of the company’s stock worth $178,974,000 after acquiring an additional 2,193,795 shares during the last quarter.

iShares Core S&P Mid-Cap ETF Trading Up 0.3 %

NYSEARCA:IJH opened at $58.52 on Monday. The company has a 50-day moving average price of $58.83 and a 200-day moving average price of $57.50. iShares Core S&P Mid-Cap ETF has a 12 month low of $46.30 and a 12 month high of $61.01. The stock has a market cap of $81.93 billion, a price-to-earnings 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).