BIP Wealth LLC Grows Position in iShares Core S&P Mid-Cap ETF $IJH

BIP Wealth LLC grew its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 148.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,473 shares of the company’s stock after purchasing an additional 8,638 shares during the quarter. BIP Wealth LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $944,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IJH. Northwestern Mutual Wealth Management Co. grew its position in iShares Core S&P Mid-Cap ETF by 5.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 119,891,228 shares of the company’s stock worth $7,435,654,000 after acquiring an additional 5,810,344 shares during the period. Bank of New York Mellon Corp increased its position in shares of 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 purchasing an additional 571,850 shares during the last quarter. Raymond James Financial Inc. raised its holdings in iShares Core S&P Mid-Cap ETF by 3.0% in the 2nd quarter. Raymond James Financial Inc. now owns 38,719,798 shares of the company’s stock valued at $2,401,402,000 after buying an additional 1,122,461 shares during the period. 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 buying 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% during the second quarter. First Command Advisory Services Inc. now owns 15,412,835 shares of the company’s stock worth $955,904,000 after buying an additional 250,966 shares during the period. 14.60% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P Mid-Cap ETF Stock Performance

iShares Core S&P Mid-Cap ETF stock opened at $70.35 on Friday. The company has a market capitalization of $109.39 billion, a PE ratio of 19.00 and a beta of 1.07. iShares Core S&P Mid-Cap ETF has a fifty-two week low of $50.15 and a fifty-two week high of $71.04. The firm has a 50 day moving average price of $66.92 and a 200 day moving average price of $65.40.

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.