Brown Lisle Cummings Inc. Cuts Holdings in iShares Core S&P Mid-Cap ETF $IJH

Brown Lisle Cummings Inc. trimmed its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 32.6% during the 1st quarter, HoldingsChannel reports. The firm owned 13,953 shares of the company’s stock after selling 6,755 shares during the quarter. Brown Lisle Cummings Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $942,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Networth Advisors LLC bought a new position in iShares Core S&P Mid-Cap ETF during the fourth quarter valued at approximately $28,000. Maryland Capital Advisors Inc. increased its stake in iShares Core S&P Mid-Cap ETF by 240.7% in the 4th quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock worth $36,000 after acquiring an additional 390 shares during the last quarter. Timmons Wealth Management LLC bought a new stake in iShares Core S&P Mid-Cap ETF in the 4th quarter worth approximately $37,000. Garner Asset Management Corp bought a new stake in iShares Core S&P Mid-Cap ETF in the 4th quarter worth approximately $39,000. Finally, Garton & Associates Financial Advisors LLC purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter worth approximately $40,000. 14.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of IJH opened at $75.76 on Thursday. The stock has a market capitalization of $120.30 billion, a price-to-earnings ratio of 19.00 and a beta of 1.01. iShares Core S&P Mid-Cap ETF has a 1 year low of $60.95 and a 1 year high of $77.01. The business’s 50 day simple moving average is $73.82 and its 200-day simple moving average is $70.59.

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.