Sage Financial Management Group Inc. Cuts Position in iShares Core S&P Mid-Cap ETF $IJH

Sage Financial Management Group Inc. cut its stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 13.4% during the second quarter, HoldingsChannel reports. The fund owned 78,826 shares of the company’s stock after selling 12,192 shares during the quarter. iShares Core S&P Mid-Cap ETF comprises about 1.7% of Sage Financial Management Group Inc.’s holdings, making the stock its 16th largest position. Sage Financial Management Group Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $4,889,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in IJH. MorganRosel Wealth Management LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the 1st quarter worth $29,000. American Capital Advisory LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the 1st quarter worth $33,000. Banque Transatlantique SA acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the 1st quarter worth $35,000. Wayfinding Financial LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the 1st quarter worth $37,000. Finally, PMV Capital Advisers LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the 2nd quarter worth $38,000. 14.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

iShares Core S&P Mid-Cap ETF stock opened at $65.77 on Friday. The stock has a market capitalization of $100.53 billion, a price-to-earnings ratio of 19.00 and a beta of 1.12. iShares Core S&P Mid-Cap ETF has a 1-year low of $50.15 and a 1-year high of $68.33. The business has a fifty day moving average price of $64.64 and a 200-day moving average price of $61.34.

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).