iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Sets New 12-Month Low – What’s Next?

iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)’s share price reached a new 52-week low on Thursday . The company traded as low as $55.70 and last traded at $56.01, with a volume of 6213644 shares. The stock had previously closed at $59.60.

iShares Core S&P Mid-Cap ETF Price Performance

The company has a market capitalization of $85.05 billion, a P/E ratio of 17.74 and a beta of 1.14. The company has a 50 day moving average of $61.66 and a 200-day moving average of $63.05.

Institutional Trading of iShares Core S&P Mid-Cap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Key Financial Inc boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 1.4% during the 4th quarter. Key Financial Inc now owns 11,203 shares of the company’s stock valued at $698,000 after purchasing an additional 160 shares in the last quarter. Boston Family Office LLC lifted its holdings in iShares Core S&P Mid-Cap ETF by 0.3% in the fourth quarter. Boston Family Office LLC now owns 54,206 shares of the company’s stock worth $3,378,000 after buying an additional 160 shares during the period. Bison Wealth LLC boosted its position in iShares Core S&P Mid-Cap ETF by 2.6% during the 4th quarter. Bison Wealth LLC now owns 6,297 shares of the company’s stock valued at $392,000 after acquiring an additional 161 shares in the last quarter. Washington Trust Advisors Inc. grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 1.0% during the 4th quarter. Washington Trust Advisors Inc. now owns 16,755 shares of the company’s stock worth $1,044,000 after acquiring an additional 162 shares during the period. Finally, Mason & Associates Inc raised its position in shares of iShares Core S&P Mid-Cap ETF by 2.5% in the 4th quarter. Mason & Associates Inc now owns 7,163 shares of the company’s stock worth $446,000 after acquiring an additional 175 shares in the last quarter.

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).