Towercrest Capital Management Increases Stock Position in iShares Core S&P Mid-Cap ETF $IJH

Towercrest Capital Management raised its stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 10.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 214,852 shares of the company’s stock after purchasing an additional 20,636 shares during the period. iShares Core S&P Mid-Cap ETF comprises 2.2% of Towercrest Capital Management’s portfolio, making the stock its 14th largest holding. Towercrest Capital Management’s holdings in iShares Core S&P Mid-Cap ETF were worth $14,021,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Capital A Wealth Management LLC purchased a new stake in shares of iShares Core S&P Mid-Cap ETF in the 2nd quarter valued at about $25,000. Davis Capital Management acquired a new position in iShares Core S&P Mid-Cap ETF during the third quarter worth approximately $30,000. North Capital Inc. increased its position in iShares Core S&P Mid-Cap ETF by 133.1% during the third quarter. North Capital Inc. now owns 571 shares of the company’s stock worth $37,000 after buying an additional 326 shares during the period. PMV Capital Advisers LLC purchased a new stake in iShares Core S&P Mid-Cap ETF in the second quarter valued at approximately $38,000. Finally, Vermillion Wealth Management Inc. boosted its holdings in shares of iShares Core S&P Mid-Cap ETF by 324.2% in the second quarter. Vermillion Wealth Management Inc. now owns 649 shares of the company’s stock valued at $40,000 after acquiring an additional 496 shares during the period. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Up 0.9%

Shares of IJH opened at $69.11 on Monday. The firm has a market cap of $107.41 billion, a PE ratio of 19.00 and a beta of 1.07. The company’s 50 day simple moving average is $66.04 and its 200-day simple moving average is $64.99. iShares Core S&P Mid-Cap ETF has a 12-month low of $50.15 and a 12-month high of $69.20.

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). 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.