NewEdge Advisors LLC Lowers Stock Holdings in iShares Core S&P Mid-Cap ETF $IJH

NewEdge Advisors LLC lowered its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 4.4% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 399,318 shares of the company’s stock after selling 18,185 shares during the period. NewEdge Advisors LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $24,766,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IJH. Banque Transatlantique SA acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the first quarter valued at $35,000. PMV Capital Advisers LLC acquired a new position in iShares Core S&P Mid-Cap ETF during the 2nd quarter worth $38,000. Vermillion Wealth Management Inc. grew its stake in iShares Core S&P Mid-Cap ETF by 324.2% during the 2nd quarter. Vermillion Wealth Management Inc. now owns 649 shares of the company’s stock worth $40,000 after purchasing an additional 496 shares in the last quarter. Access Investment Management LLC purchased a new stake in iShares Core S&P Mid-Cap ETF during the 2nd quarter worth about $42,000. Finally, Truvestments Capital LLC raised its position in iShares Core S&P Mid-Cap ETF by 152.8% in the 1st quarter. Truvestments Capital LLC now owns 890 shares of the company’s stock valued at $52,000 after purchasing an additional 538 shares in the last quarter. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of IJH opened at $67.42 on Thursday. The stock has a 50-day simple moving average of $65.12 and a 200-day simple moving average of $63.95. iShares Core S&P Mid-Cap ETF has a 1 year low of $50.15 and a 1 year high of $67.63. The stock has a market capitalization of $103.46 billion, a PE ratio of 19.00 and a beta of 1.07.

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).