Global Wealth Management Investment Advisory Inc. Reduces Stock Position in iShares Core S&P Mid-Cap ETF $IJH

Global Wealth Management Investment Advisory Inc. lessened its stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 15.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 146,719 shares of the company’s stock after selling 27,186 shares during the period. iShares Core S&P Mid-Cap ETF makes up approximately 1.7% of Global Wealth Management Investment Advisory Inc.’s holdings, making the stock its 16th largest position. Global Wealth Management Investment Advisory Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $9,100,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Banque Transatlantique SA bought a new position in iShares Core S&P Mid-Cap ETF in the first quarter valued at about $35,000. PMV Capital Advisers LLC purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the 2nd quarter valued at about $38,000. Vermillion Wealth Management Inc. increased its position in shares of iShares Core S&P Mid-Cap ETF by 324.2% during the 2nd quarter. Vermillion Wealth Management Inc. now owns 649 shares of the company’s stock valued at $40,000 after purchasing an additional 496 shares during the last quarter. Access Investment Management LLC bought a new position in shares of iShares Core S&P Mid-Cap ETF in the 2nd quarter worth approximately $42,000. Finally, Truvestments Capital LLC boosted its holdings in shares of iShares Core S&P Mid-Cap ETF by 152.8% in the first quarter. Truvestments Capital LLC now owns 890 shares of the company’s stock worth $52,000 after buying an additional 538 shares during the last quarter. 14.60% of the stock is owned by institutional investors.

iShares Core S&P Mid-Cap ETF Trading Up 1.2%

Shares of NYSEARCA IJH opened at $64.93 on Friday. iShares Core S&P Mid-Cap ETF has a 12-month low of $50.15 and a 12-month high of $68.33. The firm has a market capitalization of $99.64 billion, a price-to-earnings ratio of 19.00 and a beta of 1.07. The firm has a 50 day moving average of $65.26 and a 200 day moving average of $62.95.

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).