Municipal Employees Retirement System of Michigan Buys 41,576 Shares of iShares Core S&P Mid-Cap ETF $IJH

Municipal Employees Retirement System of Michigan boosted its stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 0.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,596,783 shares of the company’s stock after acquiring an additional 41,576 shares during the period. iShares Core S&P Mid-Cap ETF comprises 3.4% of Municipal Employees Retirement System of Michigan’s investment portfolio, making the stock its 11th largest position. Municipal Employees Retirement System of Michigan’s holdings in iShares Core S&P Mid-Cap ETF were worth $303,388,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. U.S. Capital Wealth Advisors LLC increased its stake in shares of iShares Core S&P Mid-Cap ETF by 0.5% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 27,627 shares of the company’s stock valued at $1,823,000 after purchasing an additional 146 shares during the last quarter. Courage Miller Partners LLC grew its position in iShares Core S&P Mid-Cap ETF by 1.1% during the 4th quarter. Courage Miller Partners LLC now owns 13,688 shares of the company’s stock worth $903,000 after acquiring an additional 150 shares during the last quarter. McIlrath & Eck LLC grew its position in iShares Core S&P Mid-Cap ETF by 2.0% during the 4th quarter. McIlrath & Eck LLC now owns 7,970 shares of the company’s stock worth $526,000 after acquiring an additional 155 shares during the last quarter. Bryn Mawr Trust Advisors LLC grew its position in iShares Core S&P Mid-Cap ETF by 0.3% during the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 47,926 shares of the company’s stock worth $3,163,000 after acquiring an additional 155 shares during the last quarter. Finally, Magnolia Capital Advisors LLC grew its position in iShares Core S&P Mid-Cap ETF by 1.0% during the 3rd quarter. Magnolia Capital Advisors LLC now owns 15,433 shares of the company’s stock worth $1,007,000 after acquiring an additional 158 shares during the last quarter. Institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Up 0.8%

Shares of IJH stock opened at $73.50 on Friday. The firm has a market capitalization of $116.71 billion, a P/E ratio of 19.00 and a beta of 1.02. iShares Core S&P Mid-Cap ETF has a twelve month low of $58.84 and a twelve month high of $75.15. The stock’s fifty day simple moving average is $70.57 and its 200 day simple moving average is $68.91.

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.