HORAN Wealth LLC Acquires 736,440 Shares of iShares Core S&P Mid-Cap ETF $IJH

HORAN Wealth LLC increased its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 100.4% in the 1st quarter, HoldingsChannel reports. The fund owned 1,470,176 shares of the company’s stock after purchasing an additional 736,440 shares during the quarter. iShares Core S&P Mid-Cap ETF makes up approximately 9.3% of HORAN Wealth LLC’s holdings, making the stock its 2nd biggest holding. HORAN Wealth LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $98,176,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. raised its position in iShares Core S&P Mid-Cap ETF by 1.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 124,791,222 shares of the company’s stock valued at $8,236,221,000 after purchasing an additional 2,142,484 shares during the period. Bank of America Corp DE grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 1.7% during the 4th quarter. Bank of America Corp DE now owns 69,097,876 shares of the company’s stock worth $4,560,460,000 after purchasing an additional 1,184,255 shares during the period. Bank of New York Mellon Corp increased its position in shares of iShares Core S&P Mid-Cap ETF by 0.3% during the 1st quarter. Bank of New York Mellon Corp now owns 58,734,173 shares of the company’s stock worth $3,966,319,000 after purchasing an additional 188,450 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of iShares Core S&P Mid-Cap ETF by 3.0% during the 2nd quarter. Raymond James Financial Inc. now owns 38,719,798 shares of the company’s stock worth $2,401,402,000 after purchasing an additional 1,122,461 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of iShares Core S&P Mid-Cap ETF by 5.1% during the 4th quarter. LPL Financial LLC now owns 29,123,810 shares of the company’s stock worth $1,922,171,000 after purchasing an additional 1,406,203 shares during the last quarter. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Down 0.8%

Shares of IJH opened at $74.93 on Tuesday. The company’s 50-day moving average price is $74.93 and its 200 day moving average price is $71.73. iShares Core S&P Mid-Cap ETF has a 12-month low of $61.29 and a 12-month high of $77.28. The firm has a market cap of $121.36 billion, a P/E ratio of 19.00 and a beta of 1.00.

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.