Welch & Forbes LLC Raises Holdings in iShares Core S&P Mid-Cap ETF $IJH

Welch & Forbes LLC increased its holdings in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 14.3% in the first quarter, Holdings Channel reports. The firm owned 78,706 shares of the company’s stock after buying an additional 9,841 shares during the period. Welch & Forbes LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $5,315,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in IJH. Brighton Jones LLC grew its stake in shares of iShares Core S&P Mid-Cap ETF by 4.2% in the fourth quarter. Brighton Jones LLC now owns 77,674 shares of the company’s stock valued at $4,840,000 after buying an additional 3,155 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of iShares Core S&P Mid-Cap ETF by 91.4% during the first quarter. AQR Capital Management LLC now owns 60,150 shares of the company’s stock worth $3,510,000 after buying an additional 28,722 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of iShares Core S&P Mid-Cap ETF in the 1st quarter valued at approximately $7,142,000. United Bank raised its stake in iShares Core S&P Mid-Cap ETF by 3.3% in the second quarter. United Bank now owns 75,964 shares of the company’s stock valued at $4,711,000 after buying an additional 2,460 shares in the last quarter. Finally, First Trust Advisors LP raised its position in shares of iShares Core S&P Mid-Cap ETF by 8.0% during the 2nd quarter. First Trust Advisors LP now owns 9,352 shares of the company’s stock worth $580,000 after acquiring an additional 689 shares in the last quarter. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IJH opened at $75.67 on Monday. The firm has a 50 day simple moving average of $74.71 and a 200-day simple moving average of $71.38. iShares Core S&P Mid-Cap ETF has a twelve month low of $61.29 and a twelve month high of $77.28. The company has a market capitalization of $122.40 billion, a PE ratio of 19.00 and a beta of 1.00.

About iShares Core S&P Mid-Cap ETF

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.