Lowe Brockenbrough & Co. Inc. Trims Stock Position in iShares Core S&P Mid-Cap ETF $IJH

Lowe Brockenbrough & Co. Inc. reduced its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 3.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 587,457 shares of the company’s stock after selling 18,946 shares during the quarter. iShares Core S&P Mid-Cap ETF accounts for about 2.0% of Lowe Brockenbrough & Co. Inc.’s investment portfolio, making the stock its 9th largest holding. Lowe Brockenbrough & Co. Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $38,337,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of IJH. Capital A Wealth Management LLC bought a new stake in iShares Core S&P Mid-Cap ETF in the 2nd quarter valued at $25,000. Davis Capital Management bought a new position in iShares Core S&P Mid-Cap ETF during the 3rd quarter worth about $30,000. North Capital Inc. raised its stake in shares of iShares Core S&P Mid-Cap ETF by 133.1% in 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 acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the 2nd quarter valued at about $42,000. Finally, Total Investment Management Inc. bought a new stake in shares of iShares Core S&P Mid-Cap ETF in the second quarter valued at about $54,000. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

IJH stock opened at $71.73 on Friday. The stock has a market capitalization of $112.02 billion, a P/E ratio of 19.00 and a beta of 1.07. iShares Core S&P Mid-Cap ETF has a fifty-two week low of $50.15 and a fifty-two week high of $71.82. The business has a 50-day moving average of $68.08 and a 200-day moving average of $65.89.

iShares Core S&P Mid-Cap ETF Company 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.