Next Capital Management LLC Raises Stock Position in iShares Core S&P Mid-Cap ETF $IJH

Next Capital Management LLC grew its stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 14.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 92,174 shares of the company’s stock after buying an additional 11,417 shares during the period. iShares Core S&P Mid-Cap ETF accounts for 1.9% of Next Capital Management LLC’s investment portfolio, making the stock its 15th largest holding. Next Capital Management LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $6,224,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of IJH. Networth Advisors LLC acquired a new stake in iShares Core S&P Mid-Cap ETF during the 4th quarter worth $28,000. Maryland Capital Advisors Inc. boosted its stake in iShares Core S&P Mid-Cap ETF by 240.7% in the fourth quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock valued at $36,000 after acquiring an additional 390 shares in the last quarter. Timmons Wealth Management LLC acquired a new position in iShares Core S&P Mid-Cap ETF in the fourth quarter valued at $37,000. Garner Asset Management Corp purchased a new position in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter worth about $39,000. Finally, Garton & Associates Financial Advisors LLC purchased a new position in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter worth about $40,000. 14.60% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Stock Performance

IJH opened at $75.54 on Friday. The business’s 50-day simple moving average is $74.90 and its 200-day simple moving average is $71.64. iShares Core S&P Mid-Cap ETF has a one year low of $61.29 and a one year high of $77.28. The stock has a market capitalization of $122.35 billion, a P/E ratio of 19.00 and a beta of 1.00.

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). 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.