Scarborough Advisors LLC Purchases New Shares in iShares Core S&P Mid-Cap ETF $IJH

Scarborough Advisors LLC acquired a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 111,290 shares of the company’s stock, valued at approximately $7,515,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Networth Advisors LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter worth $28,000. Maryland Capital Advisors Inc. grew its stake in shares of 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 valued at $36,000 after acquiring an additional 390 shares in the last quarter. Timmons Wealth Management LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter valued at about $37,000. Garner Asset Management Corp acquired a new position in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter valued at about $39,000. Finally, Garton & Associates Financial Advisors LLC bought a new position in iShares Core S&P Mid-Cap ETF during the fourth quarter worth about $40,000. 14.60% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of iShares Core S&P Mid-Cap ETF stock opened at $75.54 on Monday. iShares Core S&P Mid-Cap ETF has a twelve month low of $61.29 and a twelve month high of $77.28. The company has a 50-day simple moving average of $74.90 and a two-hundred day simple moving average of $71.67. The stock has a market capitalization of $122.35 billion, a price-to-earnings ratio of 19.00 and a beta of 1.00.

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.