Sterling Investment Advisors LLC ADV Acquires New Position in iShares Core S&P Mid-Cap ETF $IJH

Sterling Investment Advisors LLC ADV bought a new position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 127,869 shares of the company’s stock, valued at approximately $9,200,000. iShares Core S&P Mid-Cap ETF makes up about 4.0% of Sterling Investment Advisors LLC ADV’s holdings, making the stock its 7th largest holding.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Tompkins Financial Corp purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the third quarter valued at $10,967,000. Bryant Woods Investment Advisors LLC increased its stake in iShares Core S&P Mid-Cap ETF by 12.4% in the 3rd quarter. Bryant Woods Investment Advisors LLC now owns 460,750 shares of the company’s stock worth $33,151,000 after purchasing an additional 50,940 shares in the last quarter. Baker Tilly Wealth Management LLC lifted its stake in iShares Core S&P Mid-Cap ETF by 37.7% during the third quarter. Baker Tilly Wealth Management LLC now owns 198,726 shares of the company’s stock valued at $14,298,000 after buying an additional 54,367 shares in the last quarter. Horizons Wealth Management purchased a new stake in iShares Core S&P Mid-Cap ETF during the third quarter valued at about $660,000. Finally, NewEdge Advisors LLC boosted its holdings in shares of iShares Core S&P Mid-Cap ETF by 4.3% in the second quarter. NewEdge Advisors LLC now owns 479,069 shares of the company’s stock worth $36,941,000 after buying an additional 19,603 shares during the period. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IJH opened at $73.35 on Thursday. The firm has a 50 day simple moving average of $73.90 and a 200 day simple moving average of $72.93. iShares Core S&P Mid-Cap ETF has a 52 week low of $62.22 and a 52 week high of $78.71. The company has a market cap of $123.02 billion, a PE ratio of 19.00 and a beta of 1.02.

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). 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.