Northwestern Mutual Investment Management Company LLC Has $653.03 Million Stock Position in iShares Core S&P Mid-Cap ETF $IJH

Northwestern Mutual Investment Management Company LLC trimmed its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 2.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,006,629 shares of the company’s stock after selling 298,570 shares during the quarter. iShares Core S&P Mid-Cap ETF accounts for 9.4% of Northwestern Mutual Investment Management Company LLC’s holdings, making the stock its 3rd largest holding. Northwestern Mutual Investment Management Company LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $653,033,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Capital A Wealth Management LLC acquired a new stake in iShares Core S&P Mid-Cap ETF in the second quarter valued at about $25,000. Davis Capital Management acquired a new stake in shares of iShares Core S&P Mid-Cap ETF during the 3rd quarter valued at $30,000. North Capital Inc. grew its position in iShares Core S&P Mid-Cap ETF by 133.1% during the 3rd quarter. North Capital Inc. now owns 571 shares of the company’s stock worth $37,000 after acquiring an additional 326 shares during the last quarter. Access Investment Management LLC acquired a new position in iShares Core S&P Mid-Cap ETF in the 2nd quarter worth about $42,000. Finally, Total Investment Management Inc. acquired a new position in iShares Core S&P Mid-Cap ETF in the 2nd quarter worth about $54,000. 14.60% of the stock is currently owned by institutional investors.

iShares Core S&P Mid-Cap ETF Trading Up 1.0%

Shares of IJH stock opened at $71.24 on Monday. The firm has a market capitalization of $111.26 billion, a price-to-earnings ratio of 19.00 and a beta of 1.07. The business’s 50-day moving average price is $68.60 and its 200-day moving average price is $66.16. iShares Core S&P Mid-Cap ETF has a 12 month low of $50.15 and a 12 month high of $72.55.

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.