RKL Wealth Management LLC Cuts Stake in iShares Core S&P Mid-Cap ETF $IJH

RKL Wealth Management LLC cut its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 9.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,117,499 shares of the company’s stock after selling 118,150 shares during the period. iShares Core S&P Mid-Cap ETF accounts for approximately 6.8% of RKL Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. RKL Wealth Management LLC owned about 0.07% of iShares Core S&P Mid-Cap ETF worth $75,465,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its stake in iShares Core S&P Mid-Cap ETF by 1.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 124,791,222 shares of the company’s stock valued at $8,236,221,000 after acquiring an additional 2,142,484 shares during the period. Bank of America Corp DE lifted its holdings in shares of iShares Core S&P Mid-Cap ETF by 1.7% in the 4th quarter. Bank of America Corp DE now owns 69,097,876 shares of the company’s stock worth $4,560,460,000 after purchasing an additional 1,184,255 shares in the last quarter. Bank of New York Mellon Corp grew its position in iShares Core S&P Mid-Cap ETF by 5.4% in the 4th quarter. Bank of New York Mellon Corp now owns 58,545,723 shares of the company’s stock valued at $3,864,018,000 after purchasing an additional 2,998,287 shares during the period. Raymond James Financial Inc. grew its position in iShares Core S&P Mid-Cap ETF by 3.0% in the 2nd quarter. Raymond James Financial Inc. now owns 38,719,798 shares of the company’s stock valued at $2,401,402,000 after purchasing an additional 1,122,461 shares during the period. Finally, LPL Financial LLC increased its stake in iShares Core S&P Mid-Cap ETF by 5.1% during the 4th quarter. LPL Financial LLC now owns 29,123,810 shares of the company’s stock valued at $1,922,171,000 after purchasing an additional 1,406,203 shares in the last quarter. 14.60% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P Mid-Cap ETF Trading Down 0.9%

IJH opened at $76.44 on Thursday. The company’s fifty day moving average price is $74.26 and its two-hundred day moving average price is $70.93. iShares Core S&P Mid-Cap ETF has a 1-year low of $61.29 and a 1-year high of $77.21. The company has a market cap of $123.39 billion, a price-to-earnings ratio of 19.00 and a beta of 1.00.

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.