Ticino Wealth Invests $3.76 Million in iShares Core S&P Mid-Cap ETF $IJH

Ticino Wealth bought a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 56,994 shares of the company’s stock, valued at approximately $3,762,000. iShares Core S&P Mid-Cap ETF makes up approximately 1.4% of Ticino Wealth’s portfolio, making the stock its 19th biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Networth Advisors LLC purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter worth $28,000. Davis Capital Management purchased a new stake in iShares Core S&P Mid-Cap ETF during the 3rd quarter worth about $30,000. New Millennium Group LLC boosted its position in shares of iShares Core S&P Mid-Cap ETF by 72.1% during the 3rd quarter. New Millennium Group LLC now owns 537 shares of the company’s stock worth $35,000 after acquiring an additional 225 shares in the last quarter. Maryland Capital Advisors Inc. increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 240.7% in the 4th quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock valued at $36,000 after acquiring an additional 390 shares during the last quarter. Finally, Bank & Trust Co purchased a new position in iShares Core S&P Mid-Cap ETF in the fourth quarter valued at approximately $41,000. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Up 0.2%

Shares of NYSEARCA:IJH opened at $73.50 on Tuesday. The firm has a 50 day simple moving average of $69.65 and a 200-day simple moving average of $67.74. iShares Core S&P Mid-Cap ETF has a twelve month low of $54.15 and a twelve month high of $73.50. The company has a market capitalization of $116.31 billion, a PE ratio of 19.00 and a beta of 1.04.

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). The Underlying Index measures the performance of the mid-capitalization sector of the United States equity market. The Underlying Index consists of stocks from a range of industries. Components include financial, industrials, and information technology companies.