Eastern Bank Has $7.99 Million Stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Eastern Bank decreased its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 12.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 136,875 shares of the company’s stock after selling 20,046 shares during the period. Eastern Bank’s holdings in iShares Core S&P Mid-Cap ETF were worth $7,987,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 4.1% during the fourth quarter. Bank of America Corp DE now owns 67,787,878 shares of the company’s stock valued at $4,223,863,000 after purchasing an additional 2,660,582 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 14.3% during the first quarter. Bank of New York Mellon Corp now owns 59,401,100 shares of the company’s stock valued at $3,466,054,000 after purchasing an additional 7,414,265 shares during the period. Wells Fargo & Company MN raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 7.3% during the fourth quarter. Wells Fargo & Company MN now owns 51,247,964 shares of the company’s stock valued at $3,193,261,000 after purchasing an additional 3,500,023 shares during the period. FMR LLC raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 10.6% during the fourth quarter. FMR LLC now owns 45,753,482 shares of the company’s stock valued at $2,850,899,000 after purchasing an additional 4,402,710 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 19.9% during the first quarter. Envestnet Asset Management Inc. now owns 34,056,217 shares of the company’s stock valued at $1,987,180,000 after purchasing an additional 5,645,200 shares during the period. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Down 0.1%

Shares of NYSEARCA IJH opened at $64.15 on Wednesday. The firm’s 50-day moving average price is $61.90 and its 200-day moving average price is $60.67. iShares Core S&P Mid-Cap ETF has a 1-year low of $50.15 and a 1-year high of $68.33. The firm has a market capitalization of $98.34 billion, a P/E ratio of 19.00 and a beta of 1.12.

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).