Northwestern Mutual Investment Management Company LLC Acquires 1,191,305 Shares of iShares Core S&P Mid-Cap ETF $IJH

Northwestern Mutual Investment Management Company LLC increased its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 11.9% in the fourth quarter, HoldingsChannel reports. The firm owned 11,197,934 shares of the company’s stock after acquiring an additional 1,191,305 shares during the period. iShares Core S&P Mid-Cap ETF accounts for about 8.6% of Northwestern Mutual Investment Management Company LLC’s investment portfolio, making the stock its 4th biggest holding. Northwestern Mutual Investment Management Company LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $739,064,000 as of its most recent SEC filing.

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

iShares Core S&P Mid-Cap ETF Stock Performance

iShares Core S&P Mid-Cap ETF stock opened at $72.22 on Friday. The company has a 50 day moving average price of $70.19 and a 200 day moving average price of $68.66. iShares Core S&P Mid-Cap ETF has a 52 week low of $58.84 and a 52 week high of $75.15. The firm has a market capitalization of $114.68 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02.

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.