iShares Core S&P Mid-Cap ETF $IJH Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. reduced its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 2.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 276,511 shares of the company’s stock after selling 8,289 shares during the period. Principal Financial Group Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $18,045,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in IJH. Capital A Wealth Management LLC purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the second quarter worth $25,000. Davis Capital Management purchased a new position in shares of iShares Core S&P Mid-Cap ETF in the third quarter worth about $30,000. North Capital Inc. boosted its position in iShares Core S&P Mid-Cap ETF by 133.1% during the third quarter. North Capital Inc. now owns 571 shares of the company’s stock worth $37,000 after acquiring an additional 326 shares during the last quarter. Access Investment Management LLC acquired a new position in iShares Core S&P Mid-Cap ETF during the second quarter worth about $42,000. Finally, Total Investment Management Inc. purchased a new stake in iShares Core S&P Mid-Cap ETF during the 2nd quarter valued at about $54,000. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Up 3.2%

IJH stock opened at $71.73 on Monday. The firm has a 50-day moving average of $68.08 and a two-hundred day moving average of $65.90. iShares Core S&P Mid-Cap ETF has a 12 month low of $50.15 and a 12 month high of $71.82. The company has a market cap of $112.02 billion, a price-to-earnings ratio of 19.00 and a beta of 1.07.

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.