Tempo Wealth LLC Invests $7.31 Million in iShares Core S&P Mid-Cap ETF $IJH

Tempo Wealth LLC purchased a new position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 110,701 shares of the company’s stock, valued at approximately $7,306,000. iShares Core S&P Mid-Cap ETF accounts for about 1.3% of Tempo Wealth LLC’s portfolio, making the stock its 18th largest holding.

Other hedge funds have also recently bought and sold shares of the company. MidFirst Bank purchased a new stake in iShares Core S&P Mid-Cap ETF during the fourth quarter worth $7,926,000. TRU Independence Asset Management 2 LLC grew its holdings in iShares Core S&P Mid-Cap ETF by 38.3% in the fourth quarter. TRU Independence Asset Management 2 LLC now owns 32,307 shares of the company’s stock valued at $2,132,000 after purchasing an additional 8,942 shares during the last quarter. Coastline Complete Wealth LLC purchased a new position in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter valued at $634,000. WLTH Capital Management LLC purchased a new position in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter valued at $5,978,000. Finally, Nolet Wealth Management LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter worth $2,454,000. 14.60% of the stock is owned by hedge funds and other institutional investors.

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

NYSEARCA:IJH opened at $75.78 on Friday. iShares Core S&P Mid-Cap ETF has a 52-week low of $59.84 and a 52-week high of $77.01. The stock has a fifty day simple moving average of $73.42 and a 200-day simple moving average of $70.32. The company has a market capitalization of $120.33 billion, a PE ratio of 19.00 and a beta of 1.01.

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.