Tempo Wealth LLC Buys New Stake in iShares Core S&P Mid-Cap ETF $IJH

Tempo Wealth LLC bought a new stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the fourth quarter, HoldingsChannel reports. The fund bought 110,701 shares of the company’s stock, valued at approximately $7,306,000. iShares Core S&P Mid-Cap ETF makes up about 1.3% of Tempo Wealth LLC’s holdings, making the stock its 18th largest holding.

Other hedge funds also recently bought and sold shares of the company. Networth Advisors LLC purchased a new stake in iShares Core S&P Mid-Cap ETF during the 4th quarter worth about $28,000. New Millennium Group LLC lifted its position in iShares Core S&P Mid-Cap ETF by 72.1% during the third quarter. New Millennium Group LLC now owns 537 shares of the company’s stock worth $35,000 after buying an additional 225 shares during the period. Maryland Capital Advisors Inc. grew its holdings in iShares Core S&P Mid-Cap ETF by 240.7% in the 4th quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock valued at $36,000 after buying an additional 390 shares during the period. Timmons Wealth Management LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter valued at about $37,000. Finally, Garner Asset Management Corp acquired a new position in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of IJH stock opened at $75.78 on Friday. The firm’s 50-day simple moving average is $73.42 and its 200-day simple moving average is $70.32. iShares Core S&P Mid-Cap ETF has a 1-year low of $59.84 and a 1-year high of $77.01. The firm has a market cap of $120.33 billion, a P/E ratio of 19.00 and a beta of 1.01.

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.