Alpha Financial Partners LLC Lowers Position in iShares Core S&P Mid-Cap ETF $IJH

Alpha Financial Partners LLC lessened its holdings in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 11.7% in the 1st quarter, HoldingsChannel.com reports. The firm owned 101,743 shares of the company’s stock after selling 13,418 shares during the quarter. iShares Core S&P Mid-Cap ETF comprises approximately 4.1% of Alpha Financial Partners LLC’s portfolio, making the stock its 3rd biggest position. Alpha Financial Partners LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $6,871,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IJH. Networth Advisors LLC acquired a new stake in iShares Core S&P Mid-Cap ETF in the fourth quarter worth about $28,000. Maryland Capital Advisors Inc. increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 240.7% during the fourth quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock valued at $36,000 after acquiring an additional 390 shares in the last quarter. Timmons Wealth Management LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter valued at about $37,000. Garner Asset Management Corp purchased a new position in shares of iShares Core S&P Mid-Cap ETF in the 4th quarter valued at approximately $39,000. Finally, Garton & Associates Financial Advisors LLC purchased a new position in shares of iShares Core S&P Mid-Cap ETF in the 4th quarter valued at approximately $40,000. 14.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Stock Up 1.1%

IJH stock opened at $75.72 on Wednesday. The stock has a market capitalization of $122.64 billion, a PE ratio of 19.00 and a beta of 1.00. iShares Core S&P Mid-Cap ETF has a 52 week low of $61.29 and a 52 week high of $77.28. The firm has a 50 day moving average of $74.98 and a 200 day moving average of $71.80.

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.