iShares Core S&P Mid-Cap ETF $IJH Stock: Towercrest Capital Management Reduces Holdings

Towercrest Capital Management lessened its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 7.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 221,446 shares of the company’s stock after selling 17,031 shares during the quarter. iShares Core S&P Mid-Cap ETF makes up 2.3% of Towercrest Capital Management’s investment portfolio, making the stock its 14th largest holding. Towercrest Capital Management’s holdings in iShares Core S&P Mid-Cap ETF were worth $15,934,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Financial Corp IN purchased a new position in iShares Core S&P Mid-Cap ETF in the third quarter valued at $28,000. Virginia Estate & Retirement Planning Advisors Inc. purchased a new position in iShares Core S&P Mid-Cap ETF in the third quarter valued at approximately $34,000. Security National Bank of Sioux City Iowa IA acquired a new stake in iShares Core S&P Mid-Cap ETF during the second quarter worth approximately $35,000. Nvwm LLC acquired a new stake in iShares Core S&P Mid-Cap ETF during the third quarter worth approximately $41,000. Finally, Coppell Advisory Solutions LLC purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the 2nd quarter worth approximately $44,000. 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 NYSEARCA:IJH traded down $0.43 during trading on Friday, hitting $72.37. 5,355,865 shares of the company were exchanged, compared to its average volume of 10,514,122. The firm’s 50 day moving average price is $74.15 and its 200-day moving average price is $74.40. iShares Core S&P Mid-Cap ETF has a 12-month low of $62.22 and a 12-month high of $78.71. The stock has a market capitalization of $121.27 billion, a P/E ratio of 19.00 and a beta of 1.02.

About iShares Core S&P Mid-Cap ETF

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.