Keenan LLC Takes $7.48 Million Position in iShares Core S&P Mid-Cap ETF $IJH

Keenan LLC bought a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 113,336 shares of the company’s stock, valued at approximately $7,480,000. iShares Core S&P Mid-Cap ETF accounts for 6.6% of Keenan LLC’s investment portfolio, making the stock its 6th largest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its holdings in iShares Core S&P Mid-Cap ETF by 1.7% in 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 buying an additional 2,142,484 shares in the last quarter. Bank of America Corp DE raised its position in shares of iShares Core S&P Mid-Cap ETF by 1.7% in the fourth quarter. Bank of America Corp DE now owns 69,097,876 shares of the company’s stock worth $4,560,460,000 after acquiring an additional 1,184,255 shares during the period. Bank of New York Mellon Corp raised its position in shares of iShares Core S&P Mid-Cap ETF by 5.4% in the fourth quarter. Bank of New York Mellon Corp now owns 58,545,723 shares of the company’s stock worth $3,864,018,000 after acquiring an additional 2,998,287 shares during the period. Raymond James Financial Inc. boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 3.0% during the 2nd quarter. Raymond James Financial Inc. now owns 38,719,798 shares of the company’s stock worth $2,401,402,000 after acquiring an additional 1,122,461 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 5.1% during the 4th quarter. LPL Financial LLC now owns 29,123,810 shares of the company’s stock worth $1,922,171,000 after acquiring an additional 1,406,203 shares in the last quarter. 14.60% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

NYSEARCA:IJH opened at $75.78 on Friday. iShares Core S&P Mid-Cap ETF has a 52 week low of $59.84 and a 52 week high of $77.01. The stock has a market capitalization of $120.33 billion, a PE ratio of 19.00 and a beta of 1.01. The stock’s 50-day moving average price is $73.52 and its 200-day moving average price is $70.36.

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.