Union Savings Bank Makes New Investment in iShares Core S&P Mid-Cap ETF $IJH

Union Savings Bank acquired a new position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 160,393 shares of the company’s stock, valued at approximately $10,586,000. iShares Core S&P Mid-Cap ETF makes up about 4.6% of Union Savings Bank’s portfolio, making the stock its 4th largest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Hsbc Holdings PLC grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 4,169.6% in the fourth quarter. Hsbc Holdings PLC now owns 788,636 shares of the company’s stock valued at $52,055,000 after purchasing an additional 770,165 shares in the last quarter. Redwood Family Wealth LLC bought a new stake in iShares Core S&P Mid-Cap ETF in the fourth quarter worth $408,000. Cedarwood Wealth LLC purchased a new stake in iShares Core S&P Mid-Cap ETF during the fourth quarter valued at $351,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in iShares Core S&P Mid-Cap ETF during the fourth quarter valued at $148,000. Finally, Storen Legacy Partners LLC purchased a new stake in iShares Core S&P Mid-Cap ETF during the fourth quarter valued at $843,000. 14.60% of the stock is currently owned by institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

IJH stock opened at $75.78 on Friday. iShares Core S&P Mid-Cap ETF has a 52 week low of $59.84 and a 52 week high of $77.01. The firm has a market capitalization of $120.33 billion, a P/E ratio of 19.00 and a beta of 1.01. The company has a fifty day simple moving average of $73.52 and a two-hundred day simple moving average of $70.36.

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.