iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Hits New 1-Year High – Here’s What Happened

iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) reached a new 52-week high during trading on Wednesday . The company traded as high as $67.21 and last traded at $67.4790, with a volume of 8042376 shares changing hands. The stock had previously closed at $66.17.

iShares Core S&P Mid-Cap ETF Stock Up 1.9%

The business’s fifty day moving average is $65.09 and its two-hundred day moving average is $63.92. The stock has a market capitalization of $103.46 billion, a PE ratio of 19.00 and a beta of 1.07.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Capital A Wealth Management LLC bought a new stake in shares of iShares Core S&P Mid-Cap ETF in the 2nd quarter valued at approximately $25,000. Davis Capital Management bought a new position in shares of iShares Core S&P Mid-Cap ETF during the 3rd quarter valued at approximately $30,000. Banque Transatlantique SA purchased a new stake in iShares Core S&P Mid-Cap ETF during the 1st quarter valued at $35,000. New Millennium Group LLC raised its holdings in iShares Core S&P Mid-Cap ETF by 72.1% during the 3rd quarter. New Millennium Group LLC now owns 537 shares of the company’s stock valued at $35,000 after buying an additional 225 shares during the period. Finally, North Capital Inc. lifted its position in iShares Core S&P Mid-Cap ETF by 133.1% in the third quarter. North Capital Inc. now owns 571 shares of the company’s stock worth $37,000 after buying an additional 326 shares during the last quarter. Hedge funds and other institutional investors own 14.60% of the company’s stock.

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).