iShares Core S&P Mid-Cap ETF $IJH Shares Purchased by Municipal Employees Retirement System of Michigan

Municipal Employees Retirement System of Michigan raised its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 24.9% during the second quarter, Holdings Channel.com reports. The firm owned 4,555,207 shares of the company’s stock after purchasing an additional 909,298 shares during the quarter. iShares Core S&P Mid-Cap ETF makes up 3.4% of Municipal Employees Retirement System of Michigan’s investment portfolio, making the stock its 11th largest position. Municipal Employees Retirement System of Michigan’s holdings in iShares Core S&P Mid-Cap ETF were worth $282,514,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of IJH. MorganRosel Wealth Management LLC acquired a new position in iShares Core S&P Mid-Cap ETF in the 1st quarter valued at $29,000. American Capital Advisory LLC purchased a new position in iShares Core S&P Mid-Cap ETF in the first quarter valued at about $33,000. Banque Transatlantique SA acquired a new stake in iShares Core S&P Mid-Cap ETF during the 1st quarter valued at approximately $35,000. Wayfinding Financial LLC bought a new position in shares of iShares Core S&P Mid-Cap ETF during the first quarter worth about $37,000. Finally, PMV Capital Advisers LLC bought a new position in iShares Core S&P Mid-Cap ETF in the second quarter worth about $38,000. Hedge funds and other institutional investors own 14.60% of the company’s stock.

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

Shares of NYSEARCA:IJH opened at $65.64 on Wednesday. iShares Core S&P Mid-Cap ETF has a 52 week low of $50.15 and a 52 week high of $68.33. The firm has a market capitalization of $100.64 billion, a P/E ratio of 19.00 and a beta of 1.07. The firm’s 50 day moving average is $65.27 and its two-hundred day moving average is $62.39.

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).