First Trust Direct Indexing L.P. Cuts Stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

First Trust Direct Indexing L.P. decreased its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 16.8% during the 3rd quarter, Holdings Channel reports. The fund owned 6,916 shares of the company’s stock after selling 1,397 shares during the quarter. First Trust Direct Indexing L.P.’s holdings in iShares Core S&P Mid-Cap ETF were worth $431,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in IJH. JPMorgan Chase & Co. increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 407.0% in the 1st quarter. JPMorgan Chase & Co. now owns 38,027,122 shares of the company’s stock valued at $2,309,767,000 after purchasing an additional 30,526,866 shares in the last quarter. Envestnet Asset Management Inc. grew its position in iShares Core S&P Mid-Cap ETF by 83.0% during the second 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. Raymond James & Associates increased its holdings in 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 buying an additional 8,628,060 shares in the last quarter. Wealthspire Advisors LLC lifted its position in shares of iShares Core S&P Mid-Cap ETF by 398.7% during the 1st quarter. Wealthspire Advisors LLC now owns 6,754,616 shares of the company’s stock valued at $410,275,000 after acquiring an additional 5,400,307 shares during the period. Finally, Strategic Financial Concepts LLC boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 3,839.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 4,171,195 shares of the company’s stock worth $2,441,000 after acquiring an additional 4,065,314 shares in the last quarter.

iShares Core S&P Mid-Cap ETF Price Performance

IJH opened at $62.02 on Monday. The stock’s 50 day simple moving average is $61.83 and its 200 day simple moving average is $60.11. The stock has a market cap of $86.83 billion, a P/E ratio of 3.28 and a beta of 1.09. iShares Core S&P Mid-Cap ETF has a 1-year low of $47.94 and a 1-year high of $64.08.

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).