Northwestern Mutual Investment Management Company LLC Buys 1,191,305 Shares of iShares Core S&P Mid-Cap ETF $IJH

Northwestern Mutual Investment Management Company LLC lifted its stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 11.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,197,934 shares of the company’s stock after acquiring an additional 1,191,305 shares during the quarter. iShares Core S&P Mid-Cap ETF comprises about 8.6% of Northwestern Mutual Investment Management Company LLC’s investment portfolio, making the stock its 4th biggest holding. Northwestern Mutual Investment Management Company LLC owned 0.72% of iShares Core S&P Mid-Cap ETF worth $739,064,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in IJH. Networth Advisors LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter valued at approximately $28,000. New Millennium Group LLC grew its position in iShares Core S&P Mid-Cap ETF by 72.1% in the third quarter. New Millennium Group LLC now owns 537 shares of the company’s stock worth $35,000 after buying an additional 225 shares during the last quarter. Maryland Capital Advisors Inc. grew its position in iShares Core S&P Mid-Cap ETF by 240.7% in the fourth quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock worth $36,000 after buying an additional 390 shares during the last quarter. Garner Asset Management Corp acquired a new position in iShares Core S&P Mid-Cap ETF in the fourth quarter worth approximately $39,000. Finally, Bank & Trust Co acquired a new position in iShares Core S&P Mid-Cap ETF in the fourth quarter worth approximately $41,000. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

iShares Core S&P Mid-Cap ETF stock opened at $72.22 on Friday. The firm has a market cap of $114.68 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02. iShares Core S&P Mid-Cap ETF has a 1 year low of $58.84 and a 1 year high of $75.15. The firm’s 50 day moving average price is $70.19 and its two-hundred day moving average price is $68.66.

iShares Core S&P Mid-Cap ETF Company 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.