Arax Advisory Partners Invests $1.95 Million in iShares Core S&P Mid-Cap ETF $IJH

Arax Advisory Partners bought a new position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 29,565 shares of the company’s stock, valued at approximately $1,951,000.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Bank of New York Mellon Corp raised its holdings in iShares Core S&P Mid-Cap ETF by 5.4% in the 4th quarter. Bank of New York Mellon Corp now owns 58,545,723 shares of the company’s stock valued at $3,864,018,000 after acquiring an additional 2,998,287 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Core S&P Mid-Cap ETF by 2.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 122,648,738 shares of the company’s stock valued at $8,004,057,000 after acquiring an additional 2,757,510 shares during the last quarter. Valpey Financial Services LLC raised its holdings in iShares Core S&P Mid-Cap ETF by 6,393.9% in the 4th quarter. Valpey Financial Services LLC now owns 1,698,870 shares of the company’s stock valued at $112,125,000 after acquiring an additional 1,672,709 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in iShares Core S&P Mid-Cap ETF by 238.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 2,302,038 shares of the company’s stock valued at $150,231,000 after acquiring an additional 1,622,736 shares during the last quarter. Finally, Bridges Investment Management Inc. raised its holdings in iShares Core S&P Mid-Cap ETF by 35.4% in the 4th quarter. Bridges Investment Management Inc. now owns 6,015,226 shares of the company’s stock valued at $397,005,000 after acquiring an additional 1,572,184 shares during the last quarter. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Up 0.2%

IJH stock opened at $76.16 on Tuesday. The company has a market cap of $120.94 billion, a price-to-earnings ratio of 19.00 and a beta of 1.01. iShares Core S&P Mid-Cap ETF has a 12 month low of $59.84 and a 12 month high of $77.01. The firm has a 50-day moving average of $72.99 and a two-hundred day moving average of $70.12.

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.