Precedent Wealth Partners LLC Decreases Stake in iShares Core S&P Mid-Cap ETF $IJH

Precedent Wealth Partners LLC lowered its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 6.4% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 137,387 shares of the company’s stock after selling 9,377 shares during the period. iShares Core S&P Mid-Cap ETF accounts for approximately 2.1% of Precedent Wealth Partners LLC’s portfolio, making the stock its 11th biggest holding. Precedent Wealth Partners LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $8,521,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MorganRosel Wealth Management LLC purchased a new position in iShares Core S&P Mid-Cap ETF in the 1st quarter valued at $29,000. American Capital Advisory LLC acquired a new position in iShares Core S&P Mid-Cap ETF during the first quarter worth $33,000. Banque Transatlantique SA acquired a new position in iShares Core S&P Mid-Cap ETF during the first quarter worth $35,000. Wayfinding Financial LLC acquired a new position in iShares Core S&P Mid-Cap ETF during the first quarter worth $37,000. Finally, PMV Capital Advisers LLC acquired a new position in iShares Core S&P Mid-Cap ETF during the second quarter worth $38,000. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

NYSEARCA IJH opened at $65.77 on Friday. The stock’s fifty day moving average is $64.64 and its two-hundred day moving average is $61.34. The firm has a market capitalization of $100.53 billion, a P/E ratio of 19.00 and a beta of 1.12. iShares Core S&P Mid-Cap ETF has a fifty-two week low of $50.15 and a fifty-two week high of $68.33.

iShares Core S&P Mid-Cap ETF 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).