Ritholtz Wealth Management Trims Stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Ritholtz Wealth Management cut its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 21.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,368 shares of the company’s stock after selling 3,375 shares during the period. Ritholtz Wealth Management’s holdings in iShares Core S&P Mid-Cap ETF were worth $771,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 3.3% in 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. LPL Financial LLC boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 4.0% during the second quarter. LPL Financial LLC now owns 40,062,625 shares of the company’s stock valued at $2,344,465,000 after purchasing an additional 1,523,264 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 407.0% in the first quarter. JPMorgan Chase & Co. now owns 38,027,122 shares of the company’s stock worth $2,309,767,000 after purchasing an additional 30,526,866 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in iShares Core S&P Mid-Cap ETF by 83.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 24,275,880 shares of the company’s stock worth $1,420,625,000 after buying an additional 11,011,385 shares during the period. Finally, Raymond James & Associates boosted its position in iShares Core S&P Mid-Cap ETF by 1.2% in the 2nd quarter. Raymond James & Associates now owns 18,872,281 shares of the company’s stock valued at $1,104,406,000 after buying an additional 216,899 shares during the period.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IJH opened at $63.40 on Tuesday. The firm’s 50 day simple moving average is $60.92 and its 200-day simple moving average is $59.73. iShares Core S&P Mid-Cap ETF has a one year low of $46.30 and a one year high of $63.44. The firm has a market cap of $88.76 billion, a PE ratio of 3.28 and a beta of 1.09.

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).