iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Reaches New 1-Year High – Here’s Why

iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $69.22 and last traded at $69.1590, with a volume of 5607393 shares changing hands. The stock had previously closed at $69.11.

iShares Core S&P Mid-Cap ETF Price Performance

The company has a 50-day moving average of $66.04 and a 200 day moving average of $64.99. The company has a market cap of $107.58 billion, a PE ratio of 19.00 and a beta of 1.07.

Hedge Funds Weigh In On iShares Core S&P Mid-Cap ETF

Several large investors have recently modified their holdings of IJH. Creative Financial Designs Inc. ADV grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 4.4% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 102,976 shares of the company’s stock worth $6,387,000 after acquiring an additional 4,336 shares during the period. Embree Financial Group raised its holdings in iShares Core S&P Mid-Cap ETF by 29.7% during the second quarter. Embree Financial Group now owns 58,176 shares of the company’s stock worth $3,608,000 after purchasing an additional 13,336 shares during the last quarter. XY Planning Network Inc. boosted its position in iShares Core S&P Mid-Cap ETF by 15.2% during the second quarter. XY Planning Network Inc. now owns 15,541 shares of the company’s stock worth $964,000 after purchasing an additional 2,054 shares in the last quarter. Clarity Wealth Advisors LLC grew its holdings in iShares Core S&P Mid-Cap ETF by 2.9% in the third quarter. Clarity Wealth Advisors LLC now owns 261,065 shares of the company’s stock valued at $17,037,000 after purchasing an additional 7,470 shares during the last quarter. Finally, Cerity Partners LLC increased its position in shares of iShares Core S&P Mid-Cap ETF by 13.3% in the third quarter. Cerity Partners LLC now owns 4,992,224 shares of the company’s stock valued at $325,792,000 after buying an additional 585,414 shares in the last quarter. Institutional investors own 14.60% of the company’s stock.

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.