Axxcess Wealth Management LLC Grows Stake in iShares Core S&P Mid-Cap ETF $IJH

Axxcess Wealth Management LLC lifted its holdings in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 13.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,049,797 shares of the company’s stock after acquiring an additional 122,379 shares during the quarter. iShares Core S&P Mid-Cap ETF makes up 0.8% of Axxcess Wealth Management LLC’s portfolio, making the stock its 13th biggest position. Axxcess Wealth Management LLC owned 0.07% of iShares Core S&P Mid-Cap ETF worth $69,287,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC increased its position in shares of iShares Core S&P Mid-Cap ETF by 4.2% during the fourth quarter. Brighton Jones LLC now owns 77,674 shares of the company’s stock valued at $4,840,000 after buying an additional 3,155 shares during the period. AQR Capital Management LLC lifted its holdings in iShares Core S&P Mid-Cap ETF by 91.4% in the first quarter. AQR Capital Management LLC now owns 60,150 shares of the company’s stock worth $3,510,000 after buying an additional 28,722 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in iShares Core S&P Mid-Cap ETF in the first quarter worth about $7,142,000. United Bank boosted its position in iShares Core S&P Mid-Cap ETF by 3.3% during the 2nd quarter. United Bank now owns 75,964 shares of the company’s stock valued at $4,711,000 after acquiring an additional 2,460 shares in the last quarter. Finally, First Trust Advisors LP boosted its position in iShares Core S&P Mid-Cap ETF by 8.0% during the 2nd quarter. First Trust Advisors LP now owns 9,352 shares of the company’s stock valued at $580,000 after acquiring an additional 689 shares in the last quarter. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

NYSEARCA:IJH opened at $75.78 on Friday. The firm’s 50-day moving average price is $73.42 and its 200-day moving average price is $70.32. The company has a market capitalization of $120.33 billion, a PE ratio of 19.00 and a beta of 1.01. iShares Core S&P Mid-Cap ETF has a 1-year low of $59.84 and a 1-year high of $77.01.

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.