Northwestern Mutual Wealth Management Co. Has $31.37 Million Position in iShares Core S&P Mid-Cap ETF $IJH

Northwestern Mutual Wealth Management Co. lowered its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 99.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 475,291 shares of the company’s stock after selling 122,173,447 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Core S&P Mid-Cap ETF were worth $31,369,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. PAX Financial Group LLC grew its position in iShares Core S&P Mid-Cap ETF by 3.4% in the 4th quarter. PAX Financial Group LLC now owns 17,535 shares of the company’s stock valued at $1,157,000 after purchasing an additional 580 shares during the period. 1ST Source Bank grew its position in iShares Core S&P Mid-Cap ETF by 3.2% in the 4th quarter. 1ST Source Bank now owns 393,002 shares of the company’s stock valued at $25,938,000 after purchasing an additional 12,280 shares during the period. Bedminster LLC acquired a new stake in iShares Core S&P Mid-Cap ETF in the 4th quarter valued at $386,000. Bessemer Group Inc. grew its position in iShares Core S&P Mid-Cap ETF by 15.6% in the 4th quarter. Bessemer Group Inc. now owns 1,635,791 shares of the company’s stock valued at $107,962,000 after purchasing an additional 220,469 shares during the period. Finally, Thrivent Financial for Lutherans grew its position in iShares Core S&P Mid-Cap ETF by 15.0% in the 4th quarter. Thrivent Financial for Lutherans now owns 463,624 shares of the company’s stock valued at $30,712,000 after purchasing an additional 60,394 shares during the period. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

IJH opened at $72.15 on Tuesday. The company has a market capitalization of $114.57 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02. The firm’s fifty day moving average price is $70.24 and its two-hundred day moving average price is $68.72. iShares Core S&P Mid-Cap ETF has a 1 year low of $58.84 and a 1 year high of $75.15.

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.