Parsons Capital Management Inc. RI Reduces Stock Holdings in iShares Core S&P Mid-Cap ETF $IJH

Parsons Capital Management Inc. RI lowered its stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 1.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 76,084 shares of the company’s stock after selling 1,295 shares during the period. Parsons Capital Management Inc. RI’s holdings in iShares Core S&P Mid-Cap ETF were worth $4,719,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in IJH. Brighton Jones LLC lifted its position in shares of iShares Core S&P Mid-Cap ETF by 4.2% during the fourth quarter. Brighton Jones LLC now owns 77,674 shares of the company’s stock worth $4,840,000 after acquiring an additional 3,155 shares in the last quarter. Millennium Management LLC purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter worth $255,000. Rhumbline Advisers lifted its position in shares of iShares Core S&P Mid-Cap ETF by 43.5% during the first quarter. Rhumbline Advisers now owns 227,256 shares of the company’s stock worth $13,260,000 after acquiring an additional 68,858 shares in the last quarter. Fiduciary Alliance LLC lifted its position in shares of iShares Core S&P Mid-Cap ETF by 51.1% during the first quarter. Fiduciary Alliance LLC now owns 5,034 shares of the company’s stock worth $294,000 after acquiring an additional 1,702 shares in the last quarter. Finally, Merit Financial Group LLC lifted its position in shares of iShares Core S&P Mid-Cap ETF by 17.9% during the first quarter. Merit Financial Group LLC now owns 113,918 shares of the company’s stock worth $6,647,000 after acquiring an additional 17,330 shares in the last quarter. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

NYSEARCA:IJH opened at $65.49 on Thursday. The company has a market cap of $100.38 billion, a P/E ratio of 19.00 and a beta of 1.12. The stock’s fifty day moving average price is $64.57 and its two-hundred day moving average price is $61.25. iShares Core S&P Mid-Cap ETF has a 1 year low of $50.15 and a 1 year high of $68.33.

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).