Sterling Financial Planning Inc. Trims Stock Holdings in iShares Core S&P Mid-Cap ETF $IJH

Sterling Financial Planning Inc. reduced its stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 0.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 71,504 shares of the company’s stock after selling 257 shares during the period. iShares Core S&P Mid-Cap ETF comprises approximately 1.5% of Sterling Financial Planning Inc.’s investment portfolio, making the stock its 20th largest position. Sterling Financial Planning Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $4,435,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. raised its holdings 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 valued at $6,656,620,000 after buying an additional 3,403,689 shares during the period. Bank of New York Mellon Corp grew 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 valued at $3,466,054,000 after acquiring an additional 7,414,265 shares in the last quarter. Raymond James Financial Inc. grew 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 valued at $2,193,804,000 after acquiring an additional 1,998,826 shares in the last quarter. Envestnet Asset Management Inc. grew its position 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 valued at $1,987,180,000 after acquiring an additional 5,645,200 shares in the last quarter. Finally, Northern Trust Corp grew its position 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 valued at $1,335,351,000 after acquiring an additional 1,602,288 shares in the last quarter. 14.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

NYSEARCA IJH opened at $65.08 on Wednesday. The company has a market cap of $99.62 billion, a P/E ratio of 19.00 and a beta of 1.12. The stock has a 50-day moving average of $64.87 and a two-hundred day moving average of $61.62. iShares Core S&P Mid-Cap ETF has a 1-year low of $50.15 and a 1-year high of $68.33.

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).