Belpointe Asset Management LLC Decreases Stake in iShares Core S&P Mid-Cap ETF $IJH

Belpointe Asset Management LLC lowered its stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 16.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 109,499 shares of the company’s stock after selling 21,426 shares during the period. Belpointe Asset Management LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $7,227,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of iShares Core S&P Mid-Cap ETF by 4.2% during the fourth quarter. Brighton Jones LLC now owns 77,674 shares of the company’s stock worth $4,840,000 after purchasing an additional 3,155 shares during the period. AQR Capital Management LLC lifted its holdings in shares of iShares Core S&P Mid-Cap ETF by 91.4% during the first quarter. AQR Capital Management LLC now owns 60,150 shares of the company’s stock worth $3,510,000 after purchasing an additional 28,722 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the first quarter worth $7,142,000. United Bank increased its stake in shares of iShares Core S&P Mid-Cap ETF by 3.3% in the second quarter. United Bank now owns 75,964 shares of the company’s stock worth $4,711,000 after acquiring an additional 2,460 shares during the period. Finally, First Trust Advisors LP increased its stake in shares of iShares Core S&P Mid-Cap ETF by 8.0% in the second quarter. First Trust Advisors LP now owns 9,352 shares of the company’s stock worth $580,000 after acquiring an additional 689 shares during the period. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

NYSEARCA:IJH opened at $72.90 on Monday. The firm has a market capitalization of $115.36 billion, a P/E ratio of 19.00 and a beta of 1.04. iShares Core S&P Mid-Cap ETF has a 1-year low of $53.04 and a 1-year high of $73.38. The company’s fifty day moving average price is $69.62 and its 200-day moving average price is $67.68.

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.