First Hawaiian Bank Reduces Stock Position in iShares Core S&P Mid-Cap ETF $IJH

First Hawaiian Bank lessened its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 10.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 161,715 shares of the company’s stock after selling 18,199 shares during the period. iShares Core S&P Mid-Cap ETF comprises 1.4% of First Hawaiian Bank’s portfolio, making the stock its 17th largest holding. First Hawaiian Bank’s holdings in iShares Core S&P Mid-Cap ETF were worth $10,554,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Core S&P Mid-Cap ETF by 5.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 119,891,228 shares of the company’s stock worth $7,435,654,000 after acquiring an additional 5,810,344 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in iShares Core S&P Mid-Cap ETF by 1.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 59,972,950 shares of the company’s stock valued at $3,719,522,000 after purchasing an additional 571,850 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of iShares Core S&P Mid-Cap ETF by 3.0% in the second quarter. Raymond James Financial Inc. now owns 38,719,798 shares of the company’s stock valued at $2,401,402,000 after buying an additional 1,122,461 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares Core S&P Mid-Cap ETF by 1.5% during the second quarter. Envestnet Asset Management Inc. now owns 34,572,306 shares of the company’s stock valued at $2,143,792,000 after purchasing an additional 516,089 shares during the period. Finally, Northern Trust Corp increased its stake in iShares Core S&P Mid-Cap ETF by 7.5% during the 1st quarter. Northern Trust Corp now owns 22,885,189 shares of the company’s stock worth $1,335,351,000 after buying an additional 1,602,288 shares during the period. 14.60% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P Mid-Cap ETF Stock Performance

NYSEARCA:IJH opened at $67.05 on Tuesday. The business’s 50-day simple moving average is $65.23 and its 200 day simple moving average is $64.13. iShares Core S&P Mid-Cap ETF has a one year low of $50.15 and a one year high of $68.22. The stock has a market cap of $102.89 billion, a price-to-earnings ratio of 19.00 and a beta of 1.07.

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).