NewEdge Wealth LLC increased its stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH – Free Report) by 14.2% in the first quarter, HoldingsChannel reports. The firm owned 410,673 shares of the company’s stock after buying an additional 50,977 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $27,733,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in IJH. Networth Advisors LLC purchased a new position in iShares Core S&P Mid-Cap ETF in the 4th quarter valued at about $28,000. Maryland Capital Advisors Inc. grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 240.7% during the fourth quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock worth $36,000 after buying an additional 390 shares in the last quarter. Timmons Wealth Management LLC purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter worth about $37,000. Garner Asset Management Corp acquired a new position in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter valued at approximately $39,000. Finally, Garton & Associates Financial Advisors LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter valued at approximately $40,000. Institutional investors and hedge funds own 14.60% of the company’s stock.
iShares Core S&P Mid-Cap ETF Stock Performance
Shares of IJH opened at $75.69 on Thursday. The company has a market capitalization of $122.59 billion, a price-to-earnings ratio of 19.00 and a beta of 1.00. The company’s 50 day simple moving average is $75.03 and its 200 day simple moving average is $71.87. iShares Core S&P Mid-Cap ETF has a 1 year low of $61.29 and a 1 year high of $77.28.
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.
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