Convergence Financial LLC Decreases Stake in iShares Core S&P Mid-Cap ETF $IJH

Convergence Financial LLC lowered its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 22.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,261 shares of the company’s stock after selling 15,293 shares during the quarter. Convergence Financial LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $3,581,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Novak & Powell Financial Services Inc. boosted its position in iShares Core S&P Mid-Cap ETF by 0.3% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 42,168 shares of the company’s stock worth $2,783,000 after purchasing an additional 145 shares during the last quarter. U.S. Capital Wealth Advisors LLC raised its stake in shares of iShares Core S&P Mid-Cap ETF by 0.5% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 27,627 shares of the company’s stock worth $1,823,000 after purchasing an additional 146 shares during the period. Courage Miller Partners LLC boosted its holdings in shares of iShares Core S&P Mid-Cap ETF by 1.1% in the 4th quarter. Courage Miller Partners LLC now owns 13,688 shares of the company’s stock worth $903,000 after buying an additional 150 shares during the last quarter. Winthrop Capital Management LLC boosted its holdings in shares of iShares Core S&P Mid-Cap ETF by 1.2% in the 4th quarter. Winthrop Capital Management LLC now owns 12,952 shares of the company’s stock worth $855,000 after buying an additional 150 shares during the last quarter. Finally, McIlrath & Eck LLC grew its position in iShares Core S&P Mid-Cap ETF by 2.0% during the fourth quarter. McIlrath & Eck LLC now owns 7,970 shares of the company’s stock valued at $526,000 after buying an additional 155 shares during the period. 14.60% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Stock Performance

NYSEARCA IJH opened at $75.46 on Friday. The company has a market capitalization of $119.83 billion, a PE ratio of 19.00 and a beta of 1.01. iShares Core S&P Mid-Cap ETF has a 52-week low of $59.84 and a 52-week high of $75.64. The company has a 50-day simple moving average of $71.92 and a 200 day simple moving average of $69.57.

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). 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.