Covenant Partners LLC Grows Stake in iShares Core S&P Mid-Cap ETF $IJH

Covenant Partners LLC increased its holdings in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 26.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,468 shares of the company’s stock after purchasing an additional 8,458 shares during the quarter. iShares Core S&P Mid-Cap ETF makes up approximately 0.7% of Covenant Partners LLC’s portfolio, making the stock its 11th biggest position. Covenant Partners LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $2,641,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Core S&P Mid-Cap ETF by 5.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 119,891,228 shares of the company’s stock worth $7,435,654,000 after buying an additional 5,810,344 shares during the last quarter. Bank of New York Mellon Corp raised its stake in iShares Core S&P Mid-Cap ETF by 1.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 59,972,950 shares of the company’s stock worth $3,719,522,000 after acquiring an additional 571,850 shares in the last quarter. Raymond James Financial Inc. raised its stake in iShares Core S&P Mid-Cap ETF by 3.0% during the 2nd quarter. Raymond James Financial Inc. now owns 38,719,798 shares of the company’s stock worth $2,401,402,000 after acquiring an additional 1,122,461 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in iShares Core S&P Mid-Cap ETF by 1.5% in the second quarter. Envestnet Asset Management Inc. now owns 34,572,306 shares of the company’s stock valued at $2,143,792,000 after acquiring an additional 516,089 shares during the last quarter. Finally, First Command Advisory Services Inc. boosted its stake in iShares Core S&P Mid-Cap ETF by 1.7% in the second quarter. First Command Advisory Services Inc. now owns 15,412,835 shares of the company’s stock valued at $955,904,000 after acquiring an additional 250,966 shares in the last quarter. 14.60% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of IJH stock opened at $69.11 on Friday. The stock’s 50-day moving average is $66.04 and its two-hundred day moving average is $64.96. iShares Core S&P Mid-Cap ETF has a 1 year low of $50.15 and a 1 year high of $69.20. The firm has a market cap of $107.40 billion, a price-to-earnings ratio of 19.00 and a beta of 1.07.

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.