Hi Line Capital Management LLC Cuts Stake in iShares Core S&P Mid-Cap ETF $IJH

Hi Line Capital Management LLC decreased its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 33.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 82,349 shares of the company’s stock after selling 41,228 shares during the period. iShares Core S&P Mid-Cap ETF makes up about 1.8% of Hi Line Capital Management LLC’s holdings, making the stock its 24th biggest holding. Hi Line Capital Management LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $5,435,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 2.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 122,648,738 shares of the company’s stock valued at $8,004,057,000 after purchasing an additional 2,757,510 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of 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 purchasing an additional 1,122,461 shares in the last quarter. Northern Trust Corp boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 2.3% in the 3rd quarter. Northern Trust Corp now owns 23,218,270 shares of the company’s stock valued at $1,515,224,000 after purchasing an additional 525,952 shares in the last quarter. UBS Group AG boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 3.2% in the 3rd quarter. UBS Group AG now owns 23,084,628 shares of the company’s stock valued at $1,506,503,000 after purchasing an additional 718,047 shares in the last quarter. Finally, Mariner LLC boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 2.8% in the 3rd quarter. Mariner LLC now owns 14,356,821 shares of the company’s stock valued at $936,919,000 after purchasing an additional 395,341 shares in the last quarter. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of iShares Core S&P Mid-Cap ETF stock opened at $72.79 on Thursday. iShares Core S&P Mid-Cap ETF has a 52-week low of $58.84 and a 52-week high of $75.15. The stock has a market capitalization of $115.59 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02. The company has a fifty day moving average of $70.38 and a 200-day moving average of $68.83.

iShares Core S&P Mid-Cap ETF 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.