iShares Core S&P Mid-Cap ETF $IJH Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. lowered its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 2.9% in the third quarter, HoldingsChannel reports. The firm owned 276,511 shares of the company’s stock after selling 8,289 shares during the period. Principal Financial Group Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $18,045,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC raised its position in iShares Core S&P Mid-Cap ETF by 4.2% in the fourth quarter. Brighton Jones LLC now owns 77,674 shares of the company’s stock valued at $4,840,000 after purchasing an additional 3,155 shares during the period. AQR Capital Management LLC boosted its stake in iShares Core S&P Mid-Cap ETF by 91.4% during the first quarter. AQR Capital Management LLC now owns 60,150 shares of the company’s stock worth $3,510,000 after buying an additional 28,722 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in iShares Core S&P Mid-Cap ETF during the first quarter worth about $7,142,000. Matrix Asset Advisors Inc. NY acquired a new stake in shares of iShares Core S&P Mid-Cap ETF during the second quarter valued at about $342,000. Finally, Investment Advisory Group LLC raised its stake in shares of iShares Core S&P Mid-Cap ETF by 9.8% in the 2nd quarter. Investment Advisory Group LLC now owns 78,276 shares of the company’s stock valued at $4,855,000 after acquiring an additional 6,960 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 Stock Performance

NYSEARCA:IJH opened at $71.73 on Monday. iShares Core S&P Mid-Cap ETF has a fifty-two week low of $50.15 and a fifty-two week high of $71.82. The company has a 50 day moving average price of $68.08 and a 200 day moving average price of $65.90. The stock has a market capitalization of $112.02 billion, a P/E ratio of 19.00 and a beta of 1.07.

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.