M3 Wealth Management LLC Takes $646,000 Position in iShares Core S&P Mid-Cap ETF $IJH

M3 Wealth Management LLC purchased a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the 4th quarter, Holdings Channel reports. The fund purchased 9,794 shares of the company’s stock, valued at approximately $646,000.

Several other hedge funds have also modified their holdings of IJH. Brighton Jones LLC lifted its holdings in shares of 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 valued at $4,840,000 after buying an additional 3,155 shares during the period. AQR Capital Management LLC lifted its holdings in shares of 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 valued at $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 acquired 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 lifted its holdings in shares of 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 valued at $4,711,000 after buying an additional 2,460 shares during the period. Finally, First Trust Advisors LP lifted its holdings in shares of 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 valued at $580,000 after buying an additional 689 shares during the period. 14.60% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P Mid-Cap ETF Price Performance

IJH opened at $74.65 on Wednesday. The business has a 50 day simple moving average of $70.85 and a 200-day simple moving average of $69.08. The stock has a market capitalization of $118.54 billion, a P/E ratio of 19.00 and a beta of 1.02. iShares Core S&P Mid-Cap ETF has a 12 month low of $59.14 and a 12 month high of $75.15.

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.