Capital Management Associates Inc Trims Stake in iShares Core S&P Mid-Cap ETF $IJH

Capital Management Associates Inc reduced its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 46.0% during the second quarter, HoldingsChannel.com reports. The firm owned 25,886 shares of the company’s stock after selling 22,016 shares during the period. Capital Management Associates Inc’s holdings in iShares Core S&P Mid-Cap ETF were worth $1,605,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its position in iShares Core S&P Mid-Cap ETF by 3.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 114,080,884 shares of the company’s stock worth $6,656,620,000 after purchasing an additional 3,403,689 shares during the period. Bank of New York Mellon Corp raised its position in iShares Core S&P Mid-Cap ETF by 14.3% in the 1st quarter. Bank of New York Mellon Corp now owns 59,401,100 shares of the company’s stock worth $3,466,054,000 after purchasing an additional 7,414,265 shares during the period. Raymond James Financial Inc. raised its position in iShares Core S&P Mid-Cap ETF by 5.6% in the 1st quarter. Raymond James Financial Inc. now owns 37,597,337 shares of the company’s stock worth $2,193,804,000 after purchasing an additional 1,998,826 shares during the period. Envestnet Asset Management Inc. grew its stake in iShares Core S&P Mid-Cap ETF by 19.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 34,056,217 shares of the company’s stock worth $1,987,180,000 after acquiring an additional 5,645,200 shares in the last quarter. Finally, Northern Trust Corp grew its stake in iShares Core S&P Mid-Cap ETF by 7.5% in the 1st quarter. Northern Trust Corp now owns 22,885,189 shares of the company’s stock worth $1,335,351,000 after acquiring an additional 1,602,288 shares in the last quarter. 14.60% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of IJH stock opened at $65.81 on Thursday. The company has a market capitalization of $100.68 billion, a P/E ratio of 19.00 and a beta of 1.12. The company’s 50-day simple moving average is $64.73 and its two-hundred day simple moving average is $61.47. iShares Core S&P Mid-Cap ETF has a one year low of $50.15 and a one year high of $68.33.

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).