Maloon Powers Pitre Higgins & Dennehy LLC Purchases New Position in iShares Core S&P Mid-Cap ETF $IJH

Maloon Powers Pitre Higgins & Dennehy LLC acquired a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 39,661 shares of the company’s stock, valued at approximately $3,058,000. iShares Core S&P Mid-Cap ETF makes up about 1.1% of Maloon Powers Pitre Higgins & Dennehy LLC’s portfolio, making the stock its 24th largest position.

Several other hedge funds also recently made changes to their positions in the company. First Financial Corp IN increased its position in shares of iShares Core S&P Mid-Cap ETF by 115.8% during the second quarter. First Financial Corp IN now owns 395 shares of the company’s stock worth $30,000 after purchasing an additional 212 shares in the last quarter. Timmons Wealth Management LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the 4th quarter valued at about $37,000. Garner Asset Management Corp acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the 4th quarter valued at about $39,000. Garton & Associates Financial Advisors LLC purchased a new position in iShares Core S&P Mid-Cap ETF during the 4th quarter worth approximately $40,000. Finally, Arjuna Capital purchased a new position in iShares Core S&P Mid-Cap ETF during the 4th quarter worth approximately $42,000. Hedge funds and other institutional investors own 14.60% of the company’s stock.

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

IJH opened at $75.85 on Friday. The firm has a market cap of $123.37 billion, a price-to-earnings 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’s 50 day moving average is $76.25 and its two-hundred day moving average is $73.38.

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.