iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Stock Sees Heavy Call Option Buying

iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) was the target of unusually large options trading on Monday. Traders purchased 6,780 call options on the stock. This represents an increase of approximately 2,498% compared to the typical daily volume of 261 call options.

Institutional Trading of iShares Core S&P Mid-Cap ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IJH. First Financial Corp IN grew its holdings in iShares Core S&P Mid-Cap ETF by 115.8% in the second quarter. First Financial Corp IN now owns 395 shares of the company’s stock valued at $30,000 after purchasing an additional 212 shares during the period. Security National Bank of Sioux City Iowa IA purchased a new position in iShares Core S&P Mid-Cap ETF during the second quarter worth approximately $35,000. Coppell Advisory Solutions LLC purchased a new position in iShares Core S&P Mid-Cap ETF during the second quarter worth approximately $44,000. Howe & Rusling Inc. boosted its holdings in shares of iShares Core S&P Mid-Cap ETF by 1,155.4% in the 1st quarter. Howe & Rusling Inc. now owns 816 shares of the company’s stock valued at $55,000 after purchasing an additional 751 shares during the last quarter. Finally, Nalls Sherbakoff Group LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF in the 4th quarter valued at $64,000. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Down 0.1%

Shares of NYSEARCA:IJH opened at $72.37 on Wednesday. The company has a market cap of $120.98 billion, a P/E ratio of 19.00 and a beta of 1.01. iShares Core S&P Mid-Cap ETF has a 52 week low of $62.22 and a 52 week high of $78.71. The business has a fifty day simple moving average of $75.48 and a 200-day simple moving average of $73.73.

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.