NewEdge Wealth LLC Grows Position in iShares Core S&P Mid-Cap ETF $IJH

NewEdge Wealth LLC raised its stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 114.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 359,696 shares of the company’s stock after purchasing an additional 191,701 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $23,740,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 4.2% in the fourth quarter. Brighton Jones LLC now owns 77,674 shares of the company’s stock valued at $4,840,000 after purchasing an additional 3,155 shares during the period. AQR Capital Management LLC raised its stake in shares of iShares Core S&P Mid-Cap ETF by 91.4% in the first quarter. AQR Capital Management LLC now owns 60,150 shares of the company’s stock worth $3,510,000 after purchasing an additional 28,722 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF during the first quarter worth about $7,142,000. United Bank lifted its holdings in shares of iShares Core S&P Mid-Cap ETF by 3.3% during the second quarter. United Bank now owns 75,964 shares of the company’s stock worth $4,711,000 after purchasing an additional 2,460 shares during the period. Finally, First Trust Advisors LP boosted its position in iShares Core S&P Mid-Cap ETF by 8.0% in the second quarter. First Trust Advisors LP now owns 9,352 shares of the company’s stock valued at $580,000 after buying an additional 689 shares during the last quarter. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Up 0.4%

Shares of NYSEARCA:IJH opened at $73.99 on Friday. iShares Core S&P Mid-Cap ETF has a twelve month low of $58.70 and a twelve month high of $75.15. The company’s 50 day moving average is $69.98 and its 200 day moving average is $68.35. The company has a market cap of $117.49 billion, a PE ratio of 19.00 and a beta of 1.02.

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.