Hi Line Capital Management LLC Sells 41,228 Shares of iShares Core S&P Mid-Cap ETF $IJH

Hi Line Capital Management LLC trimmed its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 33.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 82,349 shares of the company’s stock after selling 41,228 shares during the quarter. iShares Core S&P Mid-Cap ETF comprises about 1.8% of Hi Line Capital Management LLC’s investment portfolio, making the stock its 24th largest position. Hi Line Capital Management LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $5,435,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of IJH. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core S&P Mid-Cap ETF by 2.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 122,648,738 shares of the company’s stock valued at $8,004,057,000 after acquiring an additional 2,757,510 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its stake in shares of iShares Core S&P Mid-Cap ETF by 238.9% during the third quarter. Mercer Global Advisors Inc. ADV now owns 2,302,038 shares of the company’s stock valued at $150,231,000 after acquiring an additional 1,622,736 shares during the last quarter. Nisa Investment Advisors LLC bought a new position in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter valued at about $86,989,000. Ameriprise Financial Inc. raised its stake in shares of iShares Core S&P Mid-Cap ETF by 15.0% during the second quarter. Ameriprise Financial Inc. now owns 9,844,405 shares of the company’s stock valued at $610,012,000 after acquiring an additional 1,283,662 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC raised its stake in shares of iShares Core S&P Mid-Cap ETF by 11.9% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 11,197,934 shares of the company’s stock valued at $739,064,000 after acquiring an additional 1,191,305 shares during the last quarter. 14.60% of the stock is owned by institutional investors.

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

Shares of NYSEARCA:IJH opened at $72.79 on Thursday. The company has a market cap of $115.59 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02. The company has a 50-day moving average price of $70.38 and a 200-day moving average price of $68.83. iShares Core S&P Mid-Cap ETF has a 12 month low of $58.84 and a 12 month high of $75.15.

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). 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.