Avidian Wealth Enterprises LLC Makes New Investment in iShares Core S&P Mid-Cap ETF $IJH

Avidian Wealth Enterprises LLC purchased a new position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,527,419 shares of the company’s stock, valued at approximately $109,898,000. iShares Core S&P Mid-Cap ETF makes up approximately 3.1% of Avidian Wealth Enterprises LLC’s holdings, making the stock its 3rd largest position.

Several other hedge funds also recently modified their holdings of the business. Fifth Third Bancorp raised its position in shares of iShares Core S&P Mid-Cap ETF by 58.2% during the 1st quarter. Fifth Third Bancorp now owns 7,404,697 shares of the company’s stock valued at $500,039,000 after acquiring an additional 2,724,330 shares during the last quarter. Orgel Wealth Management LLC bought a new stake in shares of iShares Core S&P Mid-Cap ETF during the second quarter worth $119,415,000. Royal Bank of Canada lifted its holdings in shares of iShares Core S&P Mid-Cap ETF by 6.2% in the fourth quarter. Royal Bank of Canada now owns 25,229,492 shares of the company’s stock valued at $1,665,147,000 after purchasing an additional 1,482,873 shares in the last quarter. Corient Private Wealth LLC grew its stake in shares of iShares Core S&P Mid-Cap ETF by 41.0% during the 4th quarter. Corient Private Wealth LLC now owns 4,869,460 shares of the company’s stock worth $321,549,000 after acquiring an additional 1,415,031 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in iShares Core S&P Mid-Cap ETF by 3.2% during the second quarter. Envestnet Asset Management Inc. now owns 37,195,080 shares of the company’s stock worth $2,868,113,000 after acquiring an additional 1,156,205 shares in the last quarter. Institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

NYSEARCA:IJH traded up $0.03 during mid-day trading on Thursday, hitting $72.79. The stock had a trading volume of 3,785,564 shares, compared to its average volume of 10,694,211. iShares Core S&P Mid-Cap ETF has a twelve month low of $62.22 and a twelve month high of $78.71. The company’s 50 day simple moving average is $75.18 and its 200 day simple moving average is $73.98. The stock has a market cap of $122.18 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02.

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.