iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Hits New 1-Year High – Here’s What Happened

iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) shares hit a new 52-week high during trading on Friday . The company traded as high as $72.56 and last traded at $72.0010, with a volume of 10381853 shares traded. The stock had previously closed at $71.66.

iShares Core S&P Mid-Cap ETF Stock Performance

The stock has a 50-day moving average of $69.06 and a two-hundred day moving average of $66.45. The company has a market cap of $112.62 billion, a P/E ratio of 19.00 and a beta of 1.07.

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

Several large investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Core S&P Mid-Cap ETF by 1.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 124,791,222 shares of the company’s stock worth $8,236,221,000 after buying an additional 2,142,484 shares during the last quarter. Bank of America Corp DE increased its position in shares of iShares Core S&P Mid-Cap ETF by 1.7% during the fourth quarter. Bank of America Corp DE now owns 69,097,876 shares of the company’s stock valued at $4,560,460,000 after acquiring an additional 1,184,255 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in iShares Core S&P Mid-Cap ETF by 1.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 59,972,950 shares of the company’s stock worth $3,719,522,000 after acquiring an additional 571,850 shares during the last quarter. Raymond James Financial Inc. lifted its position in iShares Core S&P Mid-Cap ETF by 3.0% in the 2nd quarter. Raymond James Financial Inc. now owns 38,719,798 shares of the company’s stock valued at $2,401,402,000 after acquiring an additional 1,122,461 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in iShares Core S&P Mid-Cap ETF by 1.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 34,572,306 shares of the company’s stock valued at $2,143,792,000 after purchasing an additional 516,089 shares during the last quarter. Hedge funds and other institutional investors own 14.60% of the company’s stock.

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.