TD Asset Management Inc Sells 613,716 Shares of iShares Core S&P Mid-Cap ETF $IJH

TD Asset Management Inc reduced its stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 76.9% during the 3rd quarter, HoldingsChannel reports. The fund owned 184,558 shares of the company’s stock after selling 613,716 shares during the period. TD Asset Management Inc’s holdings in iShares Core S&P Mid-Cap ETF were worth $12,044,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of iShares Core S&P Mid-Cap ETF by 4.2% in the fourth quarter. Brighton Jones LLC now owns 77,674 shares of the company’s stock valued at $4,840,000 after acquiring an additional 3,155 shares during the period. AQR Capital Management LLC grew its holdings in iShares Core S&P Mid-Cap ETF by 91.4% during the 1st quarter. AQR Capital Management LLC now owns 60,150 shares of the company’s stock valued at $3,510,000 after purchasing an additional 28,722 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in iShares Core S&P Mid-Cap ETF in the 1st quarter worth about $7,142,000. United Bank lifted its stake in iShares Core S&P Mid-Cap ETF by 3.3% in the second quarter. United Bank now owns 75,964 shares of the company’s stock worth $4,711,000 after purchasing an additional 2,460 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in iShares Core S&P Mid-Cap ETF by 18.0% in the second quarter. Assetmark Inc. now owns 32,410 shares of the company’s stock worth $2,010,000 after purchasing an additional 4,954 shares during the last quarter. 14.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Stock Performance

IJH opened at $71.49 on Monday. The stock’s 50 day moving average price is $69.57 and its 200-day moving average price is $66.77. iShares Core S&P Mid-Cap ETF has a one year low of $50.15 and a one year high of $72.56. The stock has a market cap of $111.65 billion, a price-to-earnings ratio of 19.00 and a beta of 1.07.

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.