Fairway Wealth LLC Grows Position in iShares Core S&P Mid-Cap ETF $IJH

Fairway Wealth LLC raised its holdings in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 3.9% during the fourth quarter, HoldingsChannel reports. The firm owned 206,799 shares of the company’s stock after purchasing an additional 7,813 shares during the period. iShares Core S&P Mid-Cap ETF comprises 2.7% of Fairway Wealth LLC’s portfolio, making the stock its 15th largest holding. Fairway Wealth LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $13,649,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of IJH. Brighton Jones LLC grew its position in shares of iShares Core S&P Mid-Cap ETF by 4.2% in the 4th quarter. Brighton Jones LLC now owns 77,674 shares of the company’s stock worth $4,840,000 after buying an additional 3,155 shares during the last quarter. AQR Capital Management LLC boosted its stake in iShares Core S&P Mid-Cap ETF by 91.4% in the first quarter. AQR Capital Management LLC now owns 60,150 shares of the company’s stock valued at $3,510,000 after acquiring an additional 28,722 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in iShares Core S&P Mid-Cap ETF in the first quarter worth $7,142,000. United Bank grew its holdings in iShares Core S&P Mid-Cap ETF by 3.3% in the second quarter. United Bank now owns 75,964 shares of the company’s stock worth $4,711,000 after purchasing an additional 2,460 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in iShares Core S&P Mid-Cap ETF by 8.0% in the second quarter. First Trust Advisors LP now owns 9,352 shares of the company’s stock valued at $580,000 after buying an additional 689 shares during the last quarter. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of IJH stock opened at $72.64 on Thursday. The firm has a market capitalization of $115.04 billion, a price-to-earnings ratio of 19.00 and a beta of 1.04. The stock’s 50-day simple moving average is $69.69 and its 200-day simple moving average is $67.82. iShares Core S&P Mid-Cap ETF has a fifty-two week low of $55.46 and a fifty-two week high of $74.03.

iShares Core S&P Mid-Cap ETF Company 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). 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.