AlTi Global Inc. Has $119.25 Million Holdings in iShares Core S&P Mid-Cap ETF $IJH

AlTi Global Inc. lowered its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 30.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,827,328 shares of the company’s stock after selling 789,883 shares during the quarter. iShares Core S&P Mid-Cap ETF accounts for about 2.8% of AlTi Global Inc.’s holdings, making the stock its 7th biggest holding. AlTi Global Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $119,251,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. MB Generational Wealth LLC bought a new position in shares of iShares Core S&P Mid-Cap ETF during the third quarter valued at about $386,000. Western Wealth Management LLC grew its stake in shares of iShares Core S&P Mid-Cap ETF by 0.5% in the third quarter. Western Wealth Management LLC now owns 212,780 shares of the company’s stock worth $13,886,000 after purchasing an additional 957 shares during the last quarter. Latko Wealth Management Ltd. increased its holdings in iShares Core S&P Mid-Cap ETF by 72.4% during the 3rd quarter. Latko Wealth Management Ltd. now owns 10,794 shares of the company’s stock valued at $704,000 after purchasing an additional 4,534 shares during the period. New York Life Investment Management LLC increased its holdings in iShares Core S&P Mid-Cap ETF by 6.0% during the 3rd quarter. New York Life Investment Management LLC now owns 208,684 shares of the company’s stock valued at $13,619,000 after purchasing an additional 11,740 shares during the period. Finally, Cardinal Point Capital Management ULC raised its position in iShares Core S&P Mid-Cap ETF by 9.9% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 4,009 shares of the company’s stock valued at $259,000 after purchasing an additional 361 shares during the last quarter. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

NYSEARCA IJH opened at $71.79 on Tuesday. The stock has a market cap of $112.12 billion, a P/E ratio of 19.00 and a beta of 1.07. iShares Core S&P Mid-Cap ETF has a fifty-two week low of $50.15 and a fifty-two week high of $71.99. The stock has a 50 day simple moving average of $68.20 and a two-hundred day simple moving average of $65.96.

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.