iShares Core S&P Mid-Cap ETF $IJH Shares Bought by Destination Wealth Management

Destination Wealth Management raised its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 0.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,043,354 shares of the company’s stock after buying an additional 7,640 shares during the period. iShares Core S&P Mid-Cap ETF makes up about 1.8% of Destination Wealth Management’s portfolio, making the stock its 16th biggest holding. Destination Wealth Management’s holdings in iShares Core S&P Mid-Cap ETF were worth $68,861,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in IJH. Networth Advisors LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF in the 4th quarter valued at approximately $28,000. New Millennium Group LLC raised its position in shares of iShares Core S&P Mid-Cap ETF by 72.1% during the 3rd quarter. New Millennium Group LLC now owns 537 shares of the company’s stock valued at $35,000 after acquiring an additional 225 shares in the last quarter. Maryland Capital Advisors Inc. raised its position in shares of iShares Core S&P Mid-Cap ETF by 240.7% during the 4th quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock valued at $36,000 after acquiring an additional 390 shares in the last quarter. Timmons Wealth Management LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter valued at approximately $37,000. Finally, Garner Asset Management Corp acquired a new stake in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter valued at approximately $39,000. 14.60% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P Mid-Cap ETF Trading Up 0.7%

IJH stock opened at $76.04 on Friday. The firm has a market cap of $120.75 billion, a P/E ratio of 19.00 and a beta of 1.01. iShares Core S&P Mid-Cap ETF has a 12-month low of $59.84 and a 12-month high of $76.41. The stock’s 50 day simple moving average is $72.83 and its 200 day simple moving average is $70.01.

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.