iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Sets New 12-Month High – Here’s What Happened

iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $74.58 and last traded at $74.21, with a volume of 1026205 shares trading hands. The stock had previously closed at $73.27.

iShares Core S&P Mid-Cap ETF Stock Up 1.5%

The firm has a market capitalization of $118.11 billion, a P/E ratio of 19.00 and a beta of 1.02. The firm’s 50-day simple moving average is $69.86 and its 200-day simple moving average is $68.21.

Institutional Investors Weigh In On iShares Core S&P Mid-Cap ETF

Several hedge funds have recently bought and sold shares of the stock. PFG Investments LLC raised its stake in shares of iShares Core S&P Mid-Cap ETF by 0.7% during the first quarter. PFG Investments LLC now owns 20,529 shares of the company’s stock worth $1,386,000 after acquiring an additional 140 shares in the last quarter. Childress Capital Advisors LLC lifted its holdings in shares of iShares Core S&P Mid-Cap ETF by 1.3% in the 1st quarter. Childress Capital Advisors LLC now owns 11,081 shares of the company’s stock worth $748,000 after acquiring an additional 142 shares during the last quarter. Novak & Powell Financial Services Inc. lifted its holdings in shares of iShares Core S&P Mid-Cap ETF by 0.3% in the 4th quarter. Novak & Powell Financial Services Inc. now owns 42,168 shares of the company’s stock worth $2,783,000 after acquiring an additional 145 shares during the last quarter. Foster & Motley Inc. lifted its holdings in shares of iShares Core S&P Mid-Cap ETF by 2.3% in the 1st quarter. Foster & Motley Inc. now owns 6,587 shares of the company’s stock worth $445,000 after acquiring an additional 145 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC lifted its holdings in shares of iShares Core S&P Mid-Cap ETF by 0.5% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 27,627 shares of the company’s stock worth $1,823,000 after acquiring an additional 146 shares during the last quarter. 14.60% of the stock is currently owned by institutional investors.

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.