Linscomb Wealth Inc. Boosts Position in iShares Core S&P Mid-Cap ETF $IJH

Linscomb Wealth Inc. raised its stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 1.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,614,065 shares of the company’s stock after buying an additional 23,797 shares during the quarter. iShares Core S&P Mid-Cap ETF accounts for approximately 4.5% of Linscomb Wealth Inc.’s holdings, making the stock its 3rd biggest holding. Linscomb Wealth Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $106,528,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Inspire Trust Co. N.A. acquired a new stake in iShares Core S&P Mid-Cap ETF in the 4th quarter valued at approximately $248,000. Rothschild Investment LLC raised its stake in shares of iShares Core S&P Mid-Cap ETF by 72.8% during the fourth quarter. Rothschild Investment LLC now owns 2,721 shares of the company’s stock valued at $180,000 after purchasing an additional 1,146 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core S&P Mid-Cap ETF by 1.7% during 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 in the last quarter. Moors & Cabot Inc. raised its stake in shares of iShares Core S&P Mid-Cap ETF by 23.4% during the fourth quarter. Moors & Cabot Inc. now owns 37,875 shares of the company’s stock valued at $2,500,000 after purchasing an additional 7,175 shares in the last quarter. Finally, Houlihan Financial Resource Group Ltd. bought a new stake in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter valued at about $388,000. 14.60% of the stock is currently owned by institutional investors.

iShares Core S&P Mid-Cap ETF Stock Up 0.1%

Shares of NYSEARCA IJH opened at $74.45 on Friday. iShares Core S&P Mid-Cap ETF has a fifty-two week low of $59.14 and a fifty-two week high of $75.15. The firm’s 50-day simple moving average is $71.13 and its 200 day simple moving average is $69.22. The stock has a market cap of $118.22 billion, a P/E ratio of 19.00 and a beta of 1.02.

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.