iShares Core S&P Mid-Cap ETF $IJH Shares Newly Bought by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. bought a new position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the 3rd quarter, Holdings Channel reports. The fund bought 8,779 shares of the company’s stock, valued at approximately $635,000.

Other hedge funds also recently bought and sold shares of the company. Citizens Financial Group Inc. RI purchased a new position in shares of iShares Core S&P Mid-Cap ETF during the third quarter valued at approximately $214,394,000. BLB&B Advisors LLC purchased a new stake in iShares Core S&P Mid-Cap ETF in the third quarter worth $196,559,000. Fifth Third Bancorp lifted its stake in iShares Core S&P Mid-Cap ETF by 58.2% in the first quarter. Fifth Third Bancorp now owns 7,404,697 shares of the company’s stock worth $500,039,000 after acquiring an additional 2,724,330 shares during the period. Sigma Investment Counselors Inc. bought a new stake in iShares Core S&P Mid-Cap ETF in the third quarter valued at $142,420,000. Finally, Farmers & Merchants Investments Inc. bought a new stake in iShares Core S&P Mid-Cap ETF in the third quarter valued at $142,075,000. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

NYSEARCA:IJH opened at $72.11 on Monday. The firm’s fifty day simple moving average is $73.47 and its 200 day simple moving average is $73.06. The stock has a market cap of $121.28 billion, a P/E ratio of 19.00 and a beta of 1.01. iShares Core S&P Mid-Cap ETF has a twelve month low of $62.22 and a twelve month high of $78.71.

iShares Core S&P Mid-Cap ETF Company 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.