Drake & Associates LLC Has $27.69 Million Holdings in iShares Core S&P Mid-Cap ETF $IJH

Drake & Associates LLC grew its holdings in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 14.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 427,500 shares of the company’s stock after buying an additional 53,310 shares during the quarter. iShares Core S&P Mid-Cap ETF accounts for about 5.8% of Drake & Associates LLC’s investment portfolio, making the stock its 8th biggest position. Drake & Associates LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $27,693,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of IJH. Capital A Wealth Management LLC bought a new position in iShares Core S&P Mid-Cap ETF in the 2nd quarter valued at $25,000. Davis Capital Management purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the third quarter valued at $30,000. North Capital Inc. boosted its stake in shares of 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 valued at $37,000 after purchasing an additional 326 shares during the period. Access Investment Management LLC bought a new position in shares of iShares Core S&P Mid-Cap ETF in the second quarter worth about $42,000. Finally, Total Investment Management Inc. bought a new position in shares of iShares Core S&P Mid-Cap ETF in the second quarter worth about $54,000. 14.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

IJH stock opened at $71.59 on Thursday. iShares Core S&P Mid-Cap ETF has a 12 month low of $50.15 and a 12 month high of $72.42. The firm’s 50-day moving average is $68.43 and its 200 day moving average is $66.05. The company has a market capitalization of $111.81 billion, a PE 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.