iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Reaches New 12-Month High – Should You Buy?

iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $65.73 and last traded at $65.31, with a volume of 806286 shares. The stock had previously closed at $63.10.

iShares Core S&P Mid-Cap ETF Stock Performance

The firm’s 50-day moving average price is $62.12 and its 200 day moving average price is $60.34. The company has a market cap of $92.30 billion, a price-to-earnings ratio of 3.28 and a beta of 1.09.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. First Horizon Advisors Inc. boosted its stake in iShares Core S&P Mid-Cap ETF by 1.1% during the 3rd quarter. First Horizon Advisors Inc. now owns 982,484 shares of the company’s stock worth $61,228,000 after acquiring an additional 10,442 shares during the last quarter. Grant Street Asset Management Inc. boosted its stake in iShares Core S&P Mid-Cap ETF by 2.3% during the 3rd quarter. Grant Street Asset Management Inc. now owns 7,395 shares of the company’s stock worth $461,000 after acquiring an additional 168 shares during the last quarter. MWA Asset Management boosted its stake in iShares Core S&P Mid-Cap ETF by 1.4% during the 3rd quarter. MWA Asset Management now owns 21,562 shares of the company’s stock worth $1,344,000 after acquiring an additional 291 shares during the last quarter. Strategy Asset Managers LLC boosted its stake in iShares Core S&P Mid-Cap ETF by 411.8% during the 3rd quarter. Strategy Asset Managers LLC now owns 5,558 shares of the company’s stock worth $346,000 after acquiring an additional 4,472 shares during the last quarter. Finally, Sachetta LLC boosted its stake in iShares Core S&P Mid-Cap ETF by 24.8% during the 3rd quarter. Sachetta LLC now owns 55,301 shares of the company’s stock worth $3,446,000 after acquiring an additional 11,001 shares during the last quarter.

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).