Meridian Wealth Management LLC Makes New $12.53 Million Investment in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Meridian Wealth Management LLC bought a new position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 200,971 shares of the company’s stock, valued at approximately $12,525,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IJH. Kopp Family Office LLC boosted its position in shares of iShares Core S&P Mid-Cap ETF by 400.0% during the 1st quarter. Kopp Family Office LLC now owns 565 shares of the company’s stock valued at $34,000 after acquiring an additional 452 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in shares of iShares Core S&P Mid-Cap ETF during the 2nd quarter valued at about $34,000. Darwin Wealth Management LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF during the 3rd quarter valued at about $35,000. LRI Investments LLC boosted its position in shares of iShares Core S&P Mid-Cap ETF by 200.0% during the 2nd quarter. LRI Investments LLC now owns 645 shares of the company’s stock valued at $38,000 after acquiring an additional 430 shares during the last quarter. Finally, Wiser Advisor Group LLC boosted its position in shares of iShares Core S&P Mid-Cap ETF by 400.0% during the 1st quarter. Wiser Advisor Group LLC now owns 705 shares of the company’s stock valued at $43,000 after acquiring an additional 564 shares during the last quarter.

iShares Core S&P Mid-Cap ETF Trading Up 0.8 %

Shares of IJH stock opened at $66.23 on Friday. The company’s 50-day moving average price is $63.08 and its 200-day moving average price is $60.79. The stock has a market cap of $92.72 billion, a price-to-earnings ratio of 3.28 and a beta of 1.09. iShares Core S&P Mid-Cap ETF has a twelve month low of $50.67 and a twelve month high of $66.75.

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).