Bridges Investment Management Inc. Raises Stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Bridges Investment Management Inc. grew its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 2.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,309,805 shares of the company’s stock after purchasing an additional 113,190 shares during the period. iShares Core S&P Mid-Cap ETF comprises 3.8% of Bridges Investment Management Inc.’s investment portfolio, making the stock its 6th largest position. Bridges Investment Management Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $268,544,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in IJH. Newbridge Financial Services Group Inc. purchased a new stake in iShares Core S&P Mid-Cap ETF during the 4th quarter valued at $26,000. New Millennium Group LLC lifted its holdings in shares of iShares Core S&P Mid-Cap ETF by 234.8% during the fourth quarter. New Millennium Group LLC now owns 452 shares of the company’s stock valued at $28,000 after purchasing an additional 317 shares in the last quarter. BankPlus Trust Department purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter valued at $29,000. CarsonAllaria Wealth Management Ltd. increased its holdings in iShares Core S&P Mid-Cap ETF by 783.6% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 539 shares of the company’s stock worth $34,000 after buying an additional 478 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new position in iShares Core S&P Mid-Cap ETF in the 3rd quarter worth about $35,000.

iShares Core S&P Mid-Cap ETF Stock Performance

IJH opened at $61.88 on Friday. The company’s 50-day simple moving average is $63.54 and its two-hundred day simple moving average is $63.26. The stock has a market capitalization of $86.63 billion, a P/E ratio of 3.28 and a beta of 1.09. iShares Core S&P Mid-Cap ETF has a 52-week low of $56.01 and a 52-week 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).