iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Reaches New 12-Month High – What’s Next?

Shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) hit a new 52-week high during trading on Wednesday . The stock traded as high as $70.69 and last traded at $70.2930, with a volume of 23791981 shares trading hands. The stock had previously closed at $69.09.

iShares Core S&P Mid-Cap ETF Price Performance

The stock has a market capitalization of $109.38 billion, a price-to-earnings ratio of 19.00 and a beta of 1.07. The firm has a 50 day simple moving average of $66.71 and a 200-day simple moving average of $65.33.

Institutional Trading of iShares Core S&P Mid-Cap ETF

Several large investors have recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV raised its position in shares of iShares Core S&P Mid-Cap ETF by 4.4% during the second quarter. Creative Financial Designs Inc. ADV now owns 102,976 shares of the company’s stock worth $6,387,000 after acquiring an additional 4,336 shares during the last quarter. Embree Financial Group boosted its holdings in iShares Core S&P Mid-Cap ETF by 29.7% in the second quarter. Embree Financial Group now owns 58,176 shares of the company’s stock valued at $3,608,000 after acquiring an additional 13,336 shares during the last quarter. XY Planning Network Inc. increased its position in iShares Core S&P Mid-Cap ETF by 15.2% in the second quarter. XY Planning Network Inc. now owns 15,541 shares of the company’s stock worth $964,000 after purchasing an additional 2,054 shares during the period. Clarity Wealth Advisors LLC raised its holdings in iShares Core S&P Mid-Cap ETF by 2.9% during the 3rd quarter. Clarity Wealth Advisors LLC now owns 261,065 shares of the company’s stock worth $17,037,000 after purchasing an additional 7,470 shares during the last quarter. Finally, Cerity Partners LLC lifted its position in iShares Core S&P Mid-Cap ETF by 13.3% during the 3rd quarter. Cerity Partners LLC now owns 4,992,224 shares of the company’s stock valued at $325,792,000 after purchasing an additional 585,414 shares during the period. 14.60% of the stock is owned by institutional investors.

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.