State of Michigan Retirement System Sells 68,700 Shares of iShares Core S&P Mid-Cap ETF $IJH

State of Michigan Retirement System decreased its stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 5.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,282,810 shares of the company’s stock after selling 68,700 shares during the period. State of Michigan Retirement System’s holdings in iShares Core S&P Mid-Cap ETF were worth $83,716,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Capital A Wealth Management LLC purchased a new position in iShares Core S&P Mid-Cap ETF during the second quarter valued at approximately $25,000. Davis Capital Management purchased a new stake in shares of iShares Core S&P Mid-Cap ETF in the third quarter worth $30,000. North Capital Inc. raised its position in shares of iShares Core S&P Mid-Cap ETF by 133.1% during the 3rd quarter. North Capital Inc. now owns 571 shares of the company’s stock valued at $37,000 after purchasing an additional 326 shares during the period. Access Investment Management LLC bought a new stake in shares of iShares Core S&P Mid-Cap ETF during the 2nd quarter valued at $42,000. Finally, Total Investment Management Inc. purchased a new position in shares of iShares Core S&P Mid-Cap ETF during the 2nd quarter valued at $54,000. 14.60% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of IJH stock opened at $71.73 on Friday. iShares Core S&P Mid-Cap ETF has a 52-week low of $50.15 and a 52-week high of $71.82. The firm has a market capitalization of $112.02 billion, a PE ratio of 19.00 and a beta of 1.07. The stock has a fifty day simple moving average of $68.08 and a two-hundred day simple moving average of $65.88.

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.