Ameriprise Financial Inc. Cuts Position in iShares Core S&P Mid-Cap ETF $IJH

Ameriprise Financial Inc. decreased its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 9.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,958,861 shares of the company’s stock after selling 885,544 shares during the quarter. Ameriprise Financial Inc. owned 0.58% of iShares Core S&P Mid-Cap ETF worth $584,698,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Capital A Wealth Management LLC purchased a new stake in iShares Core S&P Mid-Cap ETF during the second quarter valued at $25,000. Davis Capital Management bought a new position in shares of iShares Core S&P Mid-Cap ETF in the 3rd quarter valued at about $30,000. New Millennium Group LLC grew its position in iShares Core S&P Mid-Cap ETF by 72.1% in the third quarter. New Millennium Group LLC now owns 537 shares of the company’s stock worth $35,000 after acquiring an additional 225 shares in the last quarter. North Capital Inc. grew its position in iShares Core S&P Mid-Cap ETF by 133.1% in the third quarter. North Capital Inc. now owns 571 shares of the company’s stock worth $37,000 after acquiring an additional 326 shares in the last quarter. Finally, Total Investment Management Inc. bought a new stake in iShares Core S&P Mid-Cap ETF during the second quarter worth approximately $54,000. 14.60% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of IJH stock opened at $66.90 on Monday. The company has a market cap of $104.48 billion, a PE ratio of 19.00 and a beta of 1.07. iShares Core S&P Mid-Cap ETF has a 1 year low of $50.15 and a 1 year high of $72.56. The stock’s 50 day simple moving average is $70.02 and its two-hundred day simple moving average is $67.12.

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.