United Bank Boosts Stock Position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

United Bank grew its stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 3.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 71,065 shares of the company’s stock after purchasing an additional 2,282 shares during the period. iShares Core S&P Mid-Cap ETF comprises 1.9% of United Bank’s investment portfolio, making the stock its 17th biggest position. United Bank’s holdings in iShares Core S&P Mid-Cap ETF were worth $4,428,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Physician Wealth Advisors Inc. increased its stake in shares of iShares Core S&P Mid-Cap ETF by 2.5% during the fourth quarter. Physician Wealth Advisors Inc. now owns 159,909 shares of the company’s stock worth $9,964,000 after purchasing an additional 3,868 shares in the last quarter. Sanctuary Wealth Management L.L.C. grew its stake in shares of iShares Core S&P Mid-Cap ETF by 22.2% in the 4th quarter. Sanctuary Wealth Management L.L.C. now owns 3,829 shares of the company’s stock valued at $239,000 after buying an additional 695 shares during the period. RWA Wealth Partners LLC lifted its stake in shares of iShares Core S&P Mid-Cap ETF by 46.6% in the 4th quarter. RWA Wealth Partners LLC now owns 258,006 shares of the company’s stock valued at $16,076,000 after purchasing an additional 82,045 shares during the last quarter. Portland Global Advisors LLC raised its stake in shares of iShares Core S&P Mid-Cap ETF by 1.1% in the 4th quarter. Portland Global Advisors LLC now owns 683,771 shares of the company’s stock valued at $42,606,000 after acquiring an additional 7,766 shares during the period. Finally, MV Capital Management Inc. lifted its stake in iShares Core S&P Mid-Cap ETF by 6.5% during the fourth quarter. MV Capital Management Inc. now owns 15,636 shares of the company’s stock worth $974,000 after purchasing an additional 959 shares in the last quarter.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of NYSEARCA IJH opened at $58.21 on Friday. The stock’s 50-day moving average is $62.05 and its two-hundred day moving average is $63.07. The company has a market cap of $89.06 billion, a price-to-earnings ratio of 17.74 and a beta of 1.14. iShares Core S&P Mid-Cap ETF has a 1-year low of $56.01 and a 1-year high of $68.33.

About iShares Core S&P Mid-Cap ETF

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).