State of Michigan Retirement System Acquires 96,900 Shares of iShares Core S&P Mid-Cap ETF $IJH

State of Michigan Retirement System lifted its holdings in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 9.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,131,710 shares of the company’s stock after buying an additional 96,900 shares during the quarter. State of Michigan Retirement System owned about 0.07% of iShares Core S&P Mid-Cap ETF worth $76,424,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. PFG Investments LLC raised its holdings in iShares Core S&P Mid-Cap ETF by 0.7% during the 1st quarter. PFG Investments LLC now owns 20,529 shares of the company’s stock valued at $1,386,000 after acquiring an additional 140 shares during the period. Childress Capital Advisors LLC boosted its holdings in shares of iShares Core S&P Mid-Cap ETF by 1.3% in the first quarter. Childress Capital Advisors LLC now owns 11,081 shares of the company’s stock worth $748,000 after acquiring an additional 142 shares during the period. Novak & Powell Financial Services Inc. grew its position in shares of iShares Core S&P Mid-Cap ETF by 0.3% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 42,168 shares of the company’s stock valued at $2,783,000 after purchasing an additional 145 shares in the last quarter. Foster & Motley Inc. grew its position in shares of iShares Core S&P Mid-Cap ETF by 2.3% in the first quarter. Foster & Motley Inc. now owns 6,587 shares of the company’s stock valued at $445,000 after purchasing an additional 145 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC raised its stake in shares of iShares Core S&P Mid-Cap ETF by 0.5% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 27,627 shares of the company’s stock valued at $1,823,000 after purchasing an additional 146 shares during the period. 14.60% of the stock is owned by institutional investors.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of IJH opened at $75.24 on Tuesday. The stock’s 50-day simple moving average is $74.76 and its 200 day simple moving average is $71.44. The stock has a market capitalization of $121.71 billion, a price-to-earnings ratio of 19.00 and a beta of 1.00. iShares Core S&P Mid-Cap ETF has a 52-week low of $61.29 and a 52-week high of $77.28.

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.