Ocean Park Asset Management LLC Increases Position in iShares Core S&P Mid-Cap ETF $IJH

Ocean Park Asset Management LLC grew its holdings in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 926.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 185,309 shares of the company’s stock after buying an additional 167,259 shares during the quarter. iShares Core S&P Mid-Cap ETF accounts for about 0.7% of Ocean Park Asset Management LLC’s investment portfolio, making the stock its 28th biggest position. Ocean Park Asset Management LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $14,289,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of IJH. Diversified Management Inc. lifted its position in shares of iShares Core S&P Mid-Cap ETF by 0.7% during the second quarter. Diversified Management Inc. now owns 229,530 shares of the company’s stock worth $17,699,000 after purchasing an additional 1,702 shares during the last quarter. City Holding Co. lifted its holdings in iShares Core S&P Mid-Cap ETF by 5.9% during the 2nd quarter. City Holding Co. now owns 124,155 shares of the company’s stock valued at $9,573,000 after buying an additional 6,864 shares in the last quarter. Orrstown Financial Services Inc. boosted its position in iShares Core S&P Mid-Cap ETF by 5.7% in the 2nd quarter. Orrstown Financial Services Inc. now owns 31,287 shares of the company’s stock valued at $2,413,000 after buying an additional 1,694 shares during the period. Charles Schwab Trust Co boosted its position in iShares Core S&P Mid-Cap ETF by 6.1% in the 2nd quarter. Charles Schwab Trust Co now owns 3,182 shares of the company’s stock valued at $245,000 after buying an additional 182 shares during the period. Finally, FC Advisory LLC boosted its position in iShares Core S&P Mid-Cap ETF by 1.2% in the 2nd quarter. FC Advisory LLC now owns 81,331 shares of the company’s stock valued at $6,271,000 after buying an additional 965 shares during the period. 14.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of IJH stock opened at $77.77 on Wednesday. The company has a market capitalization of $126.49 billion, a P/E ratio of 19.00 and a beta of 1.01. The company’s 50-day simple moving average is $75.81 and its two-hundred day simple moving average is $72.59. iShares Core S&P Mid-Cap ETF has a one year low of $62.22 and a one year high of $78.16.

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.