iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Stake Lowered by Optimum Investment Advisors

Optimum Investment Advisors cut its stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 27.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,885 shares of the company’s stock after selling 1,875 shares during the quarter. Optimum Investment Advisors’ holdings in iShares Core S&P Mid-Cap ETF were worth $304,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Newbridge Financial Services Group Inc. acquired a new position in iShares Core S&P Mid-Cap ETF in the 4th quarter worth about $26,000. New Millennium Group LLC grew its stake in shares of iShares Core S&P Mid-Cap ETF by 234.8% in the 4th quarter. New Millennium Group LLC now owns 452 shares of the company’s stock valued at $28,000 after buying an additional 317 shares in the last quarter. BankPlus Trust Department acquired a new position in iShares Core S&P Mid-Cap ETF in the fourth quarter worth approximately $29,000. CarsonAllaria Wealth Management Ltd. raised its position in iShares Core S&P Mid-Cap ETF by 783.6% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 539 shares of the company’s stock valued at $34,000 after acquiring an additional 478 shares in the last quarter. Finally, New Wave Wealth Advisors LLC acquired a new stake in iShares Core S&P Mid-Cap ETF in the fourth quarter valued at approximately $37,000.

iShares Core S&P Mid-Cap ETF Stock Down 0.6 %

IJH stock opened at $58.80 on Friday. The firm has a 50 day moving average of $62.47 and a two-hundred day moving average of $63.06. iShares Core S&P Mid-Cap ETF has a 12 month low of $56.01 and a 12 month high of $68.33. The company has a market capitalization of $89.96 billion, a price-to-earnings ratio of 17.74 and a beta of 1.14.

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).