Wedbush Securities Inc. Purchases New Position in iShares Core S&P Mid-Cap ETF $IJH

Wedbush Securities Inc. purchased a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 50,120 shares of the company’s stock, valued at approximately $3,606,000.

A number of other hedge funds have also recently added to or reduced their stakes in IJH. Tompkins Financial Corp bought a new stake in shares of iShares Core S&P Mid-Cap ETF during the 3rd quarter worth about $10,967,000. Baker Tilly Wealth Management LLC increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 37.7% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 198,726 shares of the company’s stock valued at $14,298,000 after acquiring an additional 54,367 shares during the last quarter. Horizons Wealth Management acquired a new position in shares of iShares Core S&P Mid-Cap ETF during the 3rd quarter valued at about $660,000. NewEdge Advisors LLC raised its stake in shares of iShares Core S&P Mid-Cap ETF by 4.3% in the 2nd quarter. NewEdge Advisors LLC now owns 479,069 shares of the company’s stock valued at $36,941,000 after acquiring an additional 19,603 shares in the last quarter. Finally, Worth Asset Management LLC bought a new position in shares of iShares Core S&P Mid-Cap ETF in the 3rd quarter valued at approximately $1,087,000. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

IJH opened at $72.37 on Friday. The firm has a market cap of $121.27 billion, a P/E ratio of 19.00 and a beta of 1.02. The business has a 50 day moving average price of $74.15 and a 200 day moving average price of $74.40. iShares Core S&P Mid-Cap ETF has a twelve month low of $62.22 and a twelve month high of $78.71.

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.