Leonard Rickey Investment Advisors P.L.L.C. Trims Stock Holdings in iShares Core S&P Mid-Cap ETF $IJH

Leonard Rickey Investment Advisors P.L.L.C. cut its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 2.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 1,139,147 shares of the company’s stock after selling 23,298 shares during the period. iShares Core S&P Mid-Cap ETF makes up 14.0% of Leonard Rickey Investment Advisors P.L.L.C.’s portfolio, making the stock its biggest holding. Leonard Rickey Investment Advisors P.L.L.C.’s holdings in iShares Core S&P Mid-Cap ETF were worth $74,341,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Core S&P Mid-Cap ETF by 5.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 119,891,228 shares of the company’s stock valued at $7,435,654,000 after buying an additional 5,810,344 shares during the last quarter. Bank of New York Mellon Corp increased its position in iShares Core S&P Mid-Cap ETF by 1.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 59,972,950 shares of the company’s stock valued at $3,719,522,000 after acquiring an additional 571,850 shares during the period. Raymond James Financial Inc. raised its stake in shares of iShares Core S&P Mid-Cap ETF by 3.0% during the second quarter. Raymond James Financial Inc. now owns 38,719,798 shares of the company’s stock valued at $2,401,402,000 after acquiring an additional 1,122,461 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Core S&P Mid-Cap ETF by 1.5% during the second quarter. Envestnet Asset Management Inc. now owns 34,572,306 shares of the company’s stock worth $2,143,792,000 after purchasing an additional 516,089 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in shares of iShares Core S&P Mid-Cap ETF by 3.3% in the first quarter. Goldman Sachs Group Inc. now owns 17,981,529 shares of the company’s stock worth $1,049,222,000 after purchasing an additional 580,036 shares during the last quarter. 14.60% of the stock is currently owned by institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of IJH opened at $67.42 on Tuesday. The business has a 50-day moving average of $65.41 and a 200-day moving average of $64.34. The company has a market capitalization of $103.46 billion, a price-to-earnings ratio of 19.00 and a beta of 1.07. iShares Core S&P Mid-Cap ETF has a 1 year low of $50.15 and a 1 year high of $68.22.

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.