Lynch Investment Planning LLC Invests $1.72 Million in iShares Core S&P Mid-Cap ETF $IJH

Lynch Investment Planning LLC purchased a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 26,103 shares of the company’s stock, valued at approximately $1,723,000. iShares Core S&P Mid-Cap ETF comprises 1.7% of Lynch Investment Planning LLC’s investment portfolio, making the stock its 15th largest position.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC increased its stake in iShares Core S&P Mid-Cap ETF by 4.2% in the fourth quarter. Brighton Jones LLC now owns 77,674 shares of the company’s stock valued at $4,840,000 after purchasing an additional 3,155 shares in the last quarter. AQR Capital Management LLC increased its position 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 in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of iShares Core S&P Mid-Cap ETF in the 1st quarter valued at $7,142,000. United Bank raised its stake in iShares Core S&P Mid-Cap ETF by 3.3% during the 2nd quarter. United Bank now owns 75,964 shares of the company’s stock worth $4,711,000 after buying an additional 2,460 shares during the period. Finally, First Trust Advisors LP raised its stake in iShares Core S&P Mid-Cap ETF by 8.0% during the 2nd quarter. First Trust Advisors LP now owns 9,352 shares of the company’s stock worth $580,000 after buying an additional 689 shares during the period. Institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Up 1.1%

IJH stock opened at $75.78 on Friday. iShares Core S&P Mid-Cap ETF has a 1-year low of $59.84 and a 1-year high of $77.01. The firm has a market cap of $120.33 billion, a PE ratio of 19.00 and a beta of 1.01. The business’s 50-day moving average price is $73.42 and its two-hundred day moving average price is $70.32.

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.