iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Reaches New 12-Month High – What’s Next?

Shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) hit a new 52-week high during trading on Friday . The stock traded as high as $76.01 and last traded at $75.63, with a volume of 1113162 shares trading hands. The stock had previously closed at $75.50.

iShares Core S&P Mid-Cap ETF Trading Up 0.7%

The company has a market cap of $120.75 billion, a PE ratio of 19.00 and a beta of 1.01. The business’s 50 day moving average is $72.67 and its two-hundred day moving average is $69.97.

Hedge Funds Weigh In On iShares Core S&P Mid-Cap ETF

Several large investors have recently made changes to their positions in the business. Curry Webb Wealth Management LLC bought a new position in iShares Core S&P Mid-Cap ETF in the 1st quarter worth approximately $7,331,000. Pine Valley Investments Ltd Liability Co lifted its holdings in shares of iShares Core S&P Mid-Cap ETF by 6.0% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 24,380 shares of the company’s stock worth $1,646,000 after buying an additional 1,377 shares in the last quarter. Wealthquest Corp boosted its position in shares of iShares Core S&P Mid-Cap ETF by 2.5% during the first quarter. Wealthquest Corp now owns 807,614 shares of the company’s stock worth $54,538,000 after acquiring an additional 19,930 shares during the last quarter. Stillwater Private Wealth LLC purchased a new position in iShares Core S&P Mid-Cap ETF during the first quarter valued at $319,000. Finally, Parallel Advisors LLC lifted its stake in iShares Core S&P Mid-Cap ETF by 14.1% in the 1st quarter. Parallel Advisors LLC now owns 223,962 shares of the company’s stock worth $15,124,000 after purchasing an additional 27,753 shares in the last quarter. 14.60% of the stock is currently owned by hedge funds and other institutional investors.

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.