Potomac Fund Management Inc. ADV Buys Shares of 7,010 iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Potomac Fund Management Inc. ADV bought a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the 4th quarter, Holdings Channel reports. The institutional investor bought 7,010 shares of the company’s stock, valued at approximately $437,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp grew its position in iShares Core S&P Mid-Cap ETF by 7.8% in 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. LPL Financial LLC lifted its holdings in shares of iShares Core S&P Mid-Cap ETF by 3.3% in the fourth quarter. LPL Financial LLC now owns 42,550,311 shares of the company’s stock worth $2,651,310,000 after acquiring an additional 1,373,396 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 2.4% in the 4th quarter. JPMorgan Chase & Co. now owns 38,961,128 shares of the company’s stock valued at $2,427,668,000 after purchasing an additional 907,038 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter valued at approximately $2,218,143,000. Finally, PNC Financial Services Group Inc. increased its position in iShares Core S&P Mid-Cap ETF by 0.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 16,591,359 shares of the company’s stock worth $1,033,808,000 after purchasing an additional 56,800 shares in the last quarter.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of NYSEARCA:IJH opened at $58.66 on Wednesday. iShares Core S&P Mid-Cap ETF has a one year low of $56.01 and a one year high of $68.33. The company has a market cap of $89.75 billion, a price-to-earnings ratio of 17.74 and a beta of 1.14. The firm has a 50 day simple moving average of $61.78 and a 200 day simple moving average of $63.07.

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).