Graetz Wealth LLC Makes New Investment in iShares Core S&P Mid-Cap ETF $IJH

Graetz Wealth LLC purchased a new position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 9,871 shares of the company’s stock, valued at approximately $652,000.

A number of other hedge funds have also recently added to or reduced their stakes in IJH. Brighton Jones LLC boosted its stake in iShares Core S&P Mid-Cap ETF by 4.2% in the 4th quarter. Brighton Jones LLC now owns 77,674 shares of the company’s stock worth $4,840,000 after buying an additional 3,155 shares during the last quarter. AQR Capital Management LLC boosted its stake in 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 worth $3,510,000 after buying an additional 28,722 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in iShares Core S&P Mid-Cap ETF in the 1st quarter worth about $7,142,000. United Bank boosted its stake in iShares Core S&P Mid-Cap ETF by 3.3% in 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 last quarter. Finally, First Trust Advisors LP boosted its stake in iShares Core S&P Mid-Cap ETF by 8.0% in 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 last quarter. 14.60% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P Mid-Cap ETF Trading Up 2.5%

Shares of NYSEARCA:IJH opened at $75.50 on Friday. The stock’s 50-day moving average price is $72.67 and its two-hundred day moving average price is $69.97. iShares Core S&P Mid-Cap ETF has a 12-month low of $59.84 and a 12-month high of $75.64. The firm has a market cap of $119.89 billion, a price-to-earnings ratio of 19.00 and a beta of 1.01.

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.