RKL Wealth Management LLC Reduces Stock Position in iShares Core S&P Mid-Cap ETF $IJH

RKL Wealth Management LLC decreased its stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 9.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 1,117,499 shares of the company’s stock after selling 118,150 shares during the period. iShares Core S&P Mid-Cap ETF makes up about 6.8% of RKL Wealth Management LLC’s portfolio, making the stock its 3rd largest position. RKL Wealth Management LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $75,465,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Networth Advisors LLC bought a new position in iShares Core S&P Mid-Cap ETF during the 4th quarter valued at $28,000. Maryland Capital Advisors Inc. grew its stake in shares of 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 worth $36,000 after acquiring an additional 390 shares in the last quarter. Timmons Wealth Management LLC bought a new stake in shares of iShares Core S&P Mid-Cap ETF in the 4th quarter worth $37,000. Garner Asset Management Corp purchased a new stake in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter valued at about $39,000. Finally, Garton & Associates Financial Advisors LLC purchased a new stake in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter valued at about $40,000. Institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

IJH opened at $76.44 on Thursday. The company’s 50-day moving average is $74.26 and its 200 day moving average is $70.93. iShares Core S&P Mid-Cap ETF has a fifty-two week low of $61.29 and a fifty-two week high of $77.21. The firm has a market capitalization of $123.39 billion, a P/E ratio of 19.00 and a beta of 1.00.

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.