Washburn Capital Management Inc. Purchases New Shares in iShares Core S&P Mid-Cap ETF $IJH

Washburn Capital Management Inc. acquired a new position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the 3rd quarter, Holdings Channel reports. The firm acquired 38,690 shares of the company’s stock, valued at approximately $2,525,000. iShares Core S&P Mid-Cap ETF accounts for approximately 1.4% of Washburn Capital Management Inc.’s investment portfolio, making the stock its 13th largest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Csenge Advisory Group grew its stake in iShares Core S&P Mid-Cap ETF by 5.3% in the third quarter. Csenge Advisory Group now owns 14,932 shares of the company’s stock worth $974,000 after purchasing an additional 758 shares during the period. Nwam LLC grew its position in shares of iShares Core S&P Mid-Cap ETF by 132.4% in the 3rd quarter. Nwam LLC now owns 116,422 shares of the company’s stock worth $7,572,000 after buying an additional 66,331 shares during the period. First National Bank & Trust Co. of Newtown grew its position in shares of iShares Core S&P Mid-Cap ETF by 10.1% in the 3rd quarter. First National Bank & Trust Co. of Newtown now owns 8,839 shares of the company’s stock worth $577,000 after buying an additional 811 shares during the period. Alliance Wealth Management Group increased its stake in shares of iShares Core S&P Mid-Cap ETF by 28.1% in the 3rd quarter. Alliance Wealth Management Group now owns 104,196 shares of the company’s stock worth $6,800,000 after acquiring an additional 22,836 shares in the last quarter. Finally, Wolff Wiese Magana LLC lifted its position in iShares Core S&P Mid-Cap ETF by 9.7% during the 3rd quarter. Wolff Wiese Magana LLC now owns 20,075 shares of the company’s stock valued at $1,310,000 after acquiring an additional 1,782 shares during the period. 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 $70.06 on Friday. The firm has a market capitalization of $108.87 billion, a P/E ratio of 19.00 and a beta of 1.07. iShares Core S&P Mid-Cap ETF has a one year low of $50.15 and a one year high of $70.51. The company’s 50-day simple moving average is $66.54 and its 200 day simple moving average is $65.22.

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.