Steelhead Wealth Management LLC Takes $975,000 Position in iShares Core S&P Mid-Cap ETF $IJH

Steelhead Wealth Management LLC acquired a new position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 14,438 shares of the company’s stock, valued at approximately $975,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Networth Advisors LLC purchased a new position in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter worth $28,000. Maryland Capital Advisors Inc. lifted its position in iShares Core S&P Mid-Cap ETF by 240.7% in the fourth quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock valued at $36,000 after buying an additional 390 shares during the last quarter. Timmons Wealth Management LLC purchased a new position in iShares Core S&P Mid-Cap ETF during the fourth quarter worth about $37,000. Garner Asset Management Corp purchased a new position in iShares Core S&P Mid-Cap ETF during the fourth quarter worth about $39,000. Finally, Garton & Associates Financial Advisors LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter valued at about $40,000. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of IJH opened at $75.27 on Monday. The firm has a 50-day simple moving average of $75.43 and a two-hundred day simple moving average of $72.22. The stock has a market cap of $121.99 billion, a PE ratio of 19.00 and a beta of 1.00. iShares Core S&P Mid-Cap ETF has a 1-year low of $61.29 and a 1-year high of $77.28.

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.