Bay Capital Advisors LLC Makes New $2.42 Million Investment in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Bay Capital Advisors LLC purchased a new position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 38,889 shares of the company’s stock, valued at approximately $2,423,000. iShares Core S&P Mid-Cap ETF accounts for approximately 1.9% of Bay Capital Advisors LLC’s investment portfolio, making the stock its 12th biggest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IJH. Key Financial Inc increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 1.4% in the 4th quarter. Key Financial Inc now owns 11,203 shares of the company’s stock valued at $698,000 after purchasing an additional 160 shares during the period. Washington Trust Advisors Inc. increased its stake in iShares Core S&P Mid-Cap ETF by 1.0% in the 4th quarter. Washington Trust Advisors Inc. now owns 16,755 shares of the company’s stock valued at $1,044,000 after buying an additional 162 shares during the period. Mason & Associates Inc lifted its position in iShares Core S&P Mid-Cap ETF by 2.5% in the 4th quarter. Mason & Associates Inc now owns 7,163 shares of the company’s stock worth $446,000 after buying an additional 175 shares in the last quarter. Center for Financial Planning Inc. boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 0.4% during the 4th quarter. Center for Financial Planning Inc. now owns 40,662 shares of the company’s stock valued at $2,534,000 after buying an additional 176 shares during the period. Finally, NCM Capital Management LLC grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 2.3% during the 3rd quarter. NCM Capital Management LLC now owns 7,928 shares of the company’s stock valued at $494,000 after acquiring an additional 178 shares in the last quarter.

iShares Core S&P Mid-Cap ETF Trading Up 2.5 %

NYSEARCA IJH opened at $60.26 on Tuesday. The company has a market capitalization of $92.20 billion, a PE ratio of 17.74 and a beta of 1.14. iShares Core S&P Mid-Cap ETF has a 1-year low of $56.01 and a 1-year high of $68.33. The firm’s fifty day simple moving average is $62.42 and its 200-day simple moving average is $63.09.

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).