Ameriprise Financial Inc. Cuts Holdings in iShares Core S&P Mid-Cap ETF $IJH

Ameriprise Financial Inc. decreased its stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 4.6% during the 1st quarter, Holdings Channel reports. The firm owned 8,560,743 shares of the company’s stock after selling 416,037 shares during the quarter. Ameriprise Financial Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $499,495,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Minot DeBlois Advisors LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter valued at about $27,000. MorganRosel Wealth Management LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the first quarter valued at about $29,000. American Capital Advisory LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the first quarter valued at about $33,000. Wayfinding Financial LLC acquired a new position in iShares Core S&P Mid-Cap ETF during the first quarter worth about $37,000. Finally, Barnes Dennig Private Wealth Management LLC acquired a new position in iShares Core S&P Mid-Cap ETF during the first quarter worth about $42,000. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Down 0.2%

IJH opened at $63.45 on Friday. The firm has a market capitalization of $97.26 billion, a PE ratio of 19.00 and a beta of 1.12. iShares Core S&P Mid-Cap ETF has a twelve month low of $50.15 and a twelve month high of $68.33. The firm’s 50-day moving average price is $62.84 and its 200 day moving average price is $60.54.

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).