Mechanics Financial Corp Has $15 Million Stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Mechanics Financial Corp lessened its stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 0.3% during the third quarter, Holdings Channel.com reports. The fund owned 240,698 shares of the company’s stock after selling 745 shares during the period. iShares Core S&P Mid-Cap ETF accounts for about 6.6% of Mechanics Financial Corp’s holdings, making the stock its 2nd biggest holding. Mechanics Financial Corp’s holdings in iShares Core S&P Mid-Cap ETF were worth $15,000,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 3.3% in 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 in the last quarter. LPL Financial LLC increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 4.0% in the second quarter. LPL Financial LLC now owns 40,062,625 shares of the company’s stock valued at $2,344,465,000 after buying an additional 1,523,264 shares in the last quarter. Raymond James & Associates boosted 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 acquiring an additional 8,628,060 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 83.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 24,275,880 shares of the company’s stock worth $1,420,625,000 after acquiring an additional 11,011,385 shares during the last quarter. Finally, Catalyst Capital Advisors LLC raised its position in shares of iShares Core S&P Mid-Cap ETF by 5.4% during the second quarter. Catalyst Capital Advisors LLC now owns 7,704,512 shares of the company’s stock worth $450,868,000 after purchasing an additional 397,533 shares during the period.

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

Shares of NYSEARCA IJH opened at $64.17 on Friday. The business has a fifty day simple moving average of $62.64 and a 200-day simple moving average of $60.62. The company has a market cap of $89.84 billion, a price-to-earnings ratio of 3.28 and a beta of 1.09. iShares Core S&P Mid-Cap ETF has a 12 month low of $50.07 and a 12 month high of $66.75.

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).