MV Capital Management Inc. Buys New Stake in iShares Core S&P Mid-Cap ETF $IJH

MV Capital Management Inc. purchased a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,020 shares of the company’s stock, valued at approximately $925,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Networth Advisors LLC purchased a new position in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter valued at about $28,000. New Millennium Group LLC boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 72.1% in the third quarter. New Millennium Group LLC now owns 537 shares of the company’s stock worth $35,000 after buying an additional 225 shares during the last quarter. Maryland Capital Advisors Inc. grew its holdings in 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 acquiring an additional 390 shares during the period. Timmons Wealth Management LLC acquired a new stake in iShares Core S&P Mid-Cap ETF during the fourth quarter worth about $37,000. Finally, Garner Asset Management Corp acquired a new stake in iShares Core S&P Mid-Cap ETF during the fourth quarter worth about $39,000. 14.60% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P Mid-Cap ETF Trading Up 1.1%

Shares of IJH stock opened at $75.78 on Friday. iShares Core S&P Mid-Cap ETF has a twelve month low of $59.84 and a twelve month high of $77.01. The stock has a market cap of $120.33 billion, a P/E ratio of 19.00 and a beta of 1.01. The stock has a 50 day moving average of $73.42 and a 200 day moving average of $70.32.

iShares Core S&P Mid-Cap ETF 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.