Precedent Wealth Partners LLC Cuts Stock Position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Precedent Wealth Partners LLC trimmed its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 15.0% during the 1st quarter, HoldingsChannel.com reports. The firm owned 146,764 shares of the company’s stock after selling 25,964 shares during the quarter. iShares Core S&P Mid-Cap ETF makes up about 2.4% of Precedent Wealth Partners LLC’s portfolio, making the stock its 9th biggest position. Precedent Wealth Partners LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $8,564,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in IJH. Raymond James Financial Inc. bought a new position in iShares Core S&P Mid-Cap ETF during the 4th quarter valued at about $2,218,143,000. FMR LLC grew its stake in iShares Core S&P Mid-Cap ETF by 10.6% in the 4th quarter. FMR LLC now owns 45,753,482 shares of the company’s stock worth $2,850,899,000 after acquiring an additional 4,402,710 shares in the last quarter. Royal Bank of Canada grew its stake in iShares Core S&P Mid-Cap ETF by 19.6% in the 4th quarter. Royal Bank of Canada now owns 25,727,192 shares of the company’s stock worth $1,603,063,000 after acquiring an additional 4,222,994 shares in the last quarter. Starboard Value LP bought a new position in iShares Core S&P Mid-Cap ETF in the 4th quarter worth about $247,076,000. Finally, Bank of New York Mellon Corp grew its stake in iShares Core S&P Mid-Cap ETF by 7.8% in the 4th quarter. Bank of New York Mellon Corp now owns 51,986,835 shares of the company’s stock worth $3,239,300,000 after acquiring an additional 3,773,422 shares in the last quarter.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of IJH stock opened at $60.26 on Monday. The company has a market capitalization of $92.20 billion, a P/E ratio of 18.36 and a beta of 1.06. The company’s 50-day simple moving average is $58.39 and its two-hundred day simple moving average is $60.96. iShares Core S&P Mid-Cap ETF has a one year low of $50.15 and a one year high of $68.33.

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).