GenWealth Group Inc. Makes New Investment in iShares Core S&P Mid-Cap ETF $IJH

GenWealth Group Inc. purchased a new stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 388,111 shares of the company’s stock, valued at approximately $29,927,000. iShares Core S&P Mid-Cap ETF accounts for approximately 4.7% of GenWealth Group Inc.’s portfolio, making the stock its 8th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Diversified Management Inc. acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter worth $14,647,000. EJMK Ventures LLC boosted its holdings in iShares Core S&P Mid-Cap ETF by 46.2% in the 1st quarter. EJMK Ventures LLC now owns 52,112 shares of the company’s stock valued at $3,519,000 after purchasing an additional 16,464 shares during the period. Single Point Partners LLC boosted its holdings in iShares Core S&P Mid-Cap ETF by 1.0% in the 4th quarter. Single Point Partners LLC now owns 710,034 shares of the company’s stock valued at $46,862,000 after purchasing an additional 7,035 shares during the period. Circle Wealth Management LLC grew its position in iShares Core S&P Mid-Cap ETF by 8.8% in the 4th quarter. Circle Wealth Management LLC now owns 4,614,881 shares of the company’s stock worth $304,582,000 after purchasing an additional 372,518 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in iShares Core S&P Mid-Cap ETF by 5.4% in the 4th quarter. Bank of New York Mellon Corp now owns 58,545,723 shares of the company’s stock worth $3,864,018,000 after purchasing an additional 2,998,287 shares during the last quarter. 14.60% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of IJH opened at $77.77 on Wednesday. The company has a 50-day simple moving average of $75.81 and a 200-day simple moving average of $72.59. iShares Core S&P Mid-Cap ETF has a 52 week low of $62.22 and a 52 week high of $78.16. The firm has a market capitalization of $126.49 billion, a P/E ratio of 19.00 and a beta of 1.01.

iShares Core S&P Mid-Cap ETF Company 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.