Asset Allocation Strategies LLC Cuts Stock Holdings in iShares Core S&P Mid-Cap ETF $IJH

Asset Allocation Strategies LLC reduced its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 6.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 173,529 shares of the company’s stock after selling 11,512 shares during the quarter. iShares Core S&P Mid-Cap ETF comprises about 2.1% of Asset Allocation Strategies LLC’s portfolio, making the stock its 16th biggest holding. Asset Allocation Strategies LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $11,718,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in IJH. Tred Avon Family Wealth LLC grew its position in iShares Core S&P Mid-Cap ETF by 5.4% during the first quarter. Tred Avon Family Wealth LLC now owns 25,003 shares of the company’s stock valued at $1,688,000 after buying an additional 1,290 shares during the period. TRU Independence Asset Management 2 LLC raised its position in shares of iShares Core S&P Mid-Cap ETF by 3.7% in the first quarter. TRU Independence Asset Management 2 LLC now owns 33,517 shares of the company’s stock worth $2,263,000 after acquiring an additional 1,210 shares during the period. Tepp RIA LLC raised its position in shares of iShares Core S&P Mid-Cap ETF by 14.8% in the first quarter. Tepp RIA LLC now owns 25,162 shares of the company’s stock worth $1,699,000 after acquiring an additional 3,253 shares during the period. Apollon Financial LLC boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 5.5% during the 1st quarter. Apollon Financial LLC now owns 235,200 shares of the company’s stock worth $15,883,000 after acquiring an additional 12,347 shares in the last quarter. Finally, Apollon Wealth Management LLC boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 0.9% during the 1st quarter. Apollon Wealth Management LLC now owns 775,050 shares of the company’s stock worth $52,339,000 after acquiring an additional 6,810 shares in the last quarter. 14.60% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

NYSEARCA:IJH opened at $76.22 on Monday. iShares Core S&P Mid-Cap ETF has a 52 week low of $61.29 and a 52 week high of $77.12. The stock has a market capitalization of $121.03 billion, a PE ratio of 19.00 and a beta of 1.01. The stock’s 50-day moving average price is $74.01 and its 200-day moving average price is $70.73.

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). 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.