SevenBridge Financial Group LLC Cuts Holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

SevenBridge Financial Group LLC reduced its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 1.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 44,408 shares of the company’s stock after selling 673 shares during the quarter. SevenBridge Financial Group LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $2,954,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of IJH. Envestnet Asset Management Inc. boosted its position in shares of iShares Core S&P Mid-Cap ETF by 83.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 24,275,880 shares of the company’s stock worth $1,420,625,000 after purchasing an additional 11,011,385 shares in the last quarter. Raymond James & Associates lifted its stake in shares of iShares Core S&P Mid-Cap ETF by 45.7% in the third quarter. Raymond James & Associates now owns 27,500,341 shares of the company’s stock valued at $1,713,821,000 after purchasing an additional 8,628,060 shares during the period. Strategic Financial Concepts LLC boosted its holdings in iShares Core S&P Mid-Cap ETF by 3,839.5% during the second quarter. Strategic Financial Concepts LLC now owns 4,171,195 shares of the company’s stock worth $2,441,000 after buying an additional 4,065,314 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in iShares Core S&P Mid-Cap ETF by 3.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 100,490,787 shares of the company’s stock worth $5,880,889,000 after buying an additional 3,196,592 shares during the period. Finally, Cetera Investment Advisers increased its holdings in iShares Core S&P Mid-Cap ETF by 2,431.0% in the first quarter. Cetera Investment Advisers now owns 2,610,901 shares of the company’s stock valued at $158,586,000 after buying an additional 2,507,744 shares in the last quarter.

iShares Core S&P Mid-Cap ETF Trading Up 1.7 %

IJH stock opened at $66.84 on Friday. The firm has a 50 day moving average of $63.20 and a 200-day moving average of $60.85. The company has a market cap of $93.58 billion, a price-to-earnings ratio of 3.28 and a beta of 1.09. iShares Core S&P Mid-Cap ETF has a 12-month low of $50.67 and a 12-month high of $66.90.

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).