SB Capital Management Inc Makes New Investment in iShares Core S&P Mid-Cap ETF $IJH

SB Capital Management Inc purchased a new stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 21,969 shares of the company’s stock, valued at approximately $1,450,000.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 4.2% in the 4th quarter. Brighton Jones LLC now owns 77,674 shares of the company’s stock valued at $4,840,000 after purchasing an additional 3,155 shares in the last quarter. AQR Capital Management LLC raised its position in iShares Core S&P Mid-Cap ETF by 91.4% in the 1st quarter. AQR Capital Management LLC now owns 60,150 shares of the company’s stock worth $3,510,000 after purchasing an additional 28,722 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in iShares Core S&P Mid-Cap ETF in the 1st quarter worth $7,142,000. United Bank raised its position in iShares Core S&P Mid-Cap ETF by 3.3% in the 2nd quarter. United Bank now owns 75,964 shares of the company’s stock worth $4,711,000 after purchasing an additional 2,460 shares during the period. Finally, First Trust Advisors LP lifted its stake in iShares Core S&P Mid-Cap ETF by 8.0% in the second quarter. First Trust Advisors LP now owns 9,352 shares of the company’s stock worth $580,000 after purchasing an additional 689 shares during the last quarter. 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. The company has a 50-day simple moving average of $73.42 and a two-hundred day simple moving average of $70.32. iShares Core S&P Mid-Cap ETF has a 12-month low of $59.84 and a 12-month high of $77.01. The firm has a market cap of $120.33 billion, a price-to-earnings ratio of 19.00 and a beta of 1.01.

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.