Davidson Investment Advisors Decreases Stake in iShares Core S&P Mid-Cap ETF $IJH

Davidson Investment Advisors reduced its stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 45.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,747 shares of the company’s stock after selling 7,972 shares during the quarter. Davidson Investment Advisors’ holdings in iShares Core S&P Mid-Cap ETF were worth $643,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of IJH. Networth Advisors LLC purchased a new position in shares of iShares Core S&P Mid-Cap ETF in the 4th quarter valued at approximately $28,000. Davis Capital Management purchased a new position in shares of iShares Core S&P Mid-Cap ETF in the 3rd quarter valued at approximately $30,000. New Millennium Group LLC raised its position in shares of iShares Core S&P Mid-Cap ETF by 72.1% in the 3rd quarter. New Millennium Group LLC now owns 537 shares of the company’s stock valued at $35,000 after purchasing an additional 225 shares during the last quarter. Maryland Capital Advisors Inc. raised its position in shares of iShares Core S&P Mid-Cap ETF by 240.7% in the 4th quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock valued at $36,000 after purchasing an additional 390 shares during the last quarter. Finally, Bank & Trust Co purchased a new position in shares of iShares Core S&P Mid-Cap ETF in the 4th quarter valued at approximately $41,000. 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 iShares Core S&P Mid-Cap ETF stock 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. The company has a 50 day moving average price of $69.62 and a 200 day moving average price of $67.68. iShares Core S&P Mid-Cap ETF has a 52 week low of $53.04 and a 52 week high of $73.38.

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.