Verde Capital Management Boosts Stock Holdings in iShares Core S&P Mid-Cap ETF $IJH

Verde Capital Management raised its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 3.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 491,212 shares of the company’s stock after acquiring an additional 18,643 shares during the quarter. iShares Core S&P Mid-Cap ETF makes up approximately 6.9% of Verde Capital Management’s holdings, making the stock its 5th largest position. Verde Capital Management’s holdings in iShares Core S&P Mid-Cap ETF were worth $32,420,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Networth Advisors LLC bought a new stake in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter valued at $28,000. New Millennium Group LLC boosted its holdings in iShares Core S&P Mid-Cap ETF by 72.1% in the 3rd quarter. New Millennium Group LLC now owns 537 shares of the company’s stock worth $35,000 after buying an additional 225 shares during the period. Maryland Capital Advisors Inc. boosted its holdings in iShares Core S&P Mid-Cap ETF by 240.7% in the 4th quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock worth $36,000 after buying an additional 390 shares during the period. Garner Asset Management Corp bought a new position in iShares Core S&P Mid-Cap ETF in the 4th quarter worth $39,000. Finally, Bank & Trust Co bought a new position in iShares Core S&P Mid-Cap ETF in the 4th quarter worth $41,000. 14.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of iShares Core S&P Mid-Cap ETF stock opened at $72.15 on Tuesday. The company has a market capitalization of $114.57 billion, a P/E ratio of 19.00 and a beta of 1.02. The company has a fifty day moving average of $70.24 and a 200 day moving average of $68.72. iShares Core S&P Mid-Cap ETF has a fifty-two week low of $58.84 and a fifty-two week high of $75.15.

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.