Modera Wealth Management LLC Purchases 740,560 Shares of iShares Core S&P Mid-Cap ETF $IJH

Modera Wealth Management LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the third quarter, Holdings Channel.com reports. The firm acquired 740,560 shares of the company’s stock, valued at approximately $53,283,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Greenup Street Wealth Management LLC boosted its holdings in iShares Core S&P Mid-Cap ETF by 2.4% in the 3rd quarter. Greenup Street Wealth Management LLC now owns 12,426 shares of the company’s stock worth $894,000 after buying an additional 297 shares during the last quarter. Heritage Wealth Management Inc. raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 11.0% during the third quarter. Heritage Wealth Management Inc. now owns 3,742 shares of the company’s stock valued at $269,000 after acquiring an additional 370 shares during the last quarter. Petros Family Wealth LLC raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 8.3% during the third quarter. Petros Family Wealth LLC now owns 59,470 shares of the company’s stock valued at $4,279,000 after acquiring an additional 4,546 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 29.6% during the third quarter. International Assets Investment Management LLC now owns 35,000 shares of the company’s stock valued at $2,518,000 after acquiring an additional 8,002 shares during the last quarter. Finally, Lebenthal Global Advisors LLC lifted its position in shares of iShares Core S&P Mid-Cap ETF by 0.3% in the third quarter. Lebenthal Global Advisors LLC now owns 102,176 shares of the company’s stock valued at $7,352,000 after acquiring an additional 271 shares in the last quarter. 14.60% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

NYSEARCA IJH opened at $73.33 on Friday. The stock’s 50 day simple moving average is $73.79 and its 200-day simple moving average is $72.97. The company has a market cap of $122.98 billion, a PE ratio of 19.00 and a beta of 1.02. iShares Core S&P Mid-Cap ETF has a 1-year low of $62.22 and a 1-year high of $78.71.

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.