Cahaba Wealth Management Inc. Boosts Position in iShares Core S&P Mid-Cap ETF $IJH

Cahaba Wealth Management Inc. grew its stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 4.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,958,248 shares of the company’s stock after buying an additional 86,210 shares during the period. iShares Core S&P Mid-Cap ETF accounts for 9.0% of Cahaba Wealth Management Inc.’s portfolio, making the stock its 4th biggest holding. Cahaba Wealth Management Inc. owned 0.13% of iShares Core S&P Mid-Cap ETF worth $129,244,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its holdings in iShares Core S&P Mid-Cap ETF by 2.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 122,648,738 shares of the company’s stock worth $8,004,057,000 after acquiring an additional 2,757,510 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in iShares Core S&P Mid-Cap ETF by 3.0% during the second quarter. Raymond James Financial Inc. now owns 38,719,798 shares of the company’s stock valued at $2,401,402,000 after purchasing an additional 1,122,461 shares in the last quarter. Northern Trust Corp boosted its position in shares of iShares Core S&P Mid-Cap ETF by 2.3% in the third quarter. Northern Trust Corp now owns 23,218,270 shares of the company’s stock worth $1,515,224,000 after purchasing an additional 525,952 shares during the period. UBS Group AG increased its stake in shares of iShares Core S&P Mid-Cap ETF by 3.2% in the third quarter. UBS Group AG now owns 23,084,628 shares of the company’s stock worth $1,506,503,000 after purchasing an additional 718,047 shares in the last quarter. Finally, Mariner LLC increased its stake in shares of iShares Core S&P Mid-Cap ETF by 2.8% in the third quarter. Mariner LLC now owns 14,356,821 shares of the company’s stock worth $936,919,000 after purchasing an additional 395,341 shares in the last quarter. 14.60% of the stock is currently owned by institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of IJH stock opened at $65.87 on Friday. iShares Core S&P Mid-Cap ETF has a one year low of $50.15 and a one year high of $72.56. The company’s fifty day moving average price is $69.88 and its 200-day moving average price is $67.17. The company has a market capitalization of $102.87 billion, a price-to-earnings ratio of 19.00 and a beta of 1.07.

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.