Gerald Baker Financial Group LLC Buys New Shares in iShares Core S&P Mid-Cap ETF $IJH

Gerald Baker Financial Group LLC bought a new position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 35,723 shares of the company’s stock, valued at approximately $2,226,000.

Several other hedge funds have also added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares Core S&P Mid-Cap ETF by 1.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 124,791,222 shares of the company’s stock valued at $8,236,221,000 after buying an additional 2,142,484 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of iShares Core S&P Mid-Cap ETF by 1.7% in the 4th quarter. Bank of America Corp DE now owns 69,097,876 shares of the company’s stock valued at $4,560,460,000 after acquiring an additional 1,184,255 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of iShares Core S&P Mid-Cap ETF by 0.3% in the 1st quarter. Bank of New York Mellon Corp now owns 58,734,173 shares of the company’s stock valued at $3,966,319,000 after acquiring an additional 188,450 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of iShares Core S&P Mid-Cap ETF by 3.0% in the 2nd quarter. Raymond James Financial Inc. now owns 38,719,798 shares of the company’s stock valued at $2,401,402,000 after acquiring an additional 1,122,461 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in iShares Core S&P Mid-Cap ETF by 5.1% during the 4th quarter. LPL Financial LLC now owns 29,123,810 shares of the company’s stock valued at $1,922,171,000 after acquiring an additional 1,406,203 shares during the period. 14.60% of the stock is owned by institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

IJH opened at $75.99 on Friday. The stock’s 50 day simple moving average is $74.87 and its 200 day simple moving average is $71.61. iShares Core S&P Mid-Cap ETF has a 1 year low of $61.29 and a 1 year high of $77.28. The firm has a market cap of $122.92 billion, a price-to-earnings 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.