Riverchase Wealth Management LLC Invests $765,000 in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Riverchase Wealth Management LLC 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 Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,280 shares of the company’s stock, valued at approximately $765,000. iShares Core S&P Mid-Cap ETF accounts for about 0.6% of Riverchase Wealth Management LLC’s portfolio, making the stock its 28th biggest position.

A number of other hedge funds have also recently modified their holdings of IJH. Bedel Financial Consulting Inc. lifted its holdings in iShares Core S&P Mid-Cap ETF by 2.7% during the fourth quarter. Bedel Financial Consulting Inc. now owns 34,144 shares of the company’s stock worth $2,216,000 after buying an additional 909 shares during the period. Sheaff Brock Investment Advisors LLC increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 2.9% in the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 13,420 shares of the company’s stock valued at $836,000 after purchasing an additional 375 shares during the period. Novare Capital Management LLC boosted its holdings in shares of iShares Core S&P Mid-Cap ETF by 10.7% in the 4th quarter. Novare Capital Management LLC now owns 129,554 shares of the company’s stock valued at $8,073,000 after acquiring an additional 12,486 shares during the last quarter. Oak Harbor Wealth Partners LLC grew its holdings in iShares Core S&P Mid-Cap ETF by 17.1% during the fourth quarter. Oak Harbor Wealth Partners LLC now owns 29,361 shares of the company’s stock worth $1,829,000 after acquiring an additional 4,283 shares during the period. Finally, SC&H Financial Advisors Inc. lifted its stake in shares of iShares Core S&P Mid-Cap ETF by 16.2% in the 4th quarter. SC&H Financial Advisors Inc. now owns 13,773 shares of the company’s stock valued at $858,000 after purchasing an additional 1,919 shares during the period.

iShares Core S&P Mid-Cap ETF Stock Performance

iShares Core S&P Mid-Cap ETF stock opened at $59.28 on Friday. iShares Core S&P Mid-Cap ETF has a 1 year low of $56.01 and a 1 year high of $68.33. The company’s fifty day moving average price is $62.18 and its 200 day moving average price is $63.05. The stock has a market capitalization of $90.70 billion, a P/E ratio of 17.74 and a beta of 1.14.

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).