iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Sets New 52-Week Low – Should You Sell?

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

iShares Core S&P Mid-Cap ETF Price Performance

The firm has a market cap of $85.05 billion, a P/E ratio of 17.74 and a beta of 1.14. The company’s 50 day moving average is $61.66 and its two-hundred day moving average is $63.05.

Institutional Investors Weigh In On iShares Core S&P Mid-Cap ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Hiley Hunt Wealth Management raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 0.8% in the 1st quarter. Hiley Hunt Wealth Management now owns 144,963 shares of the company’s stock worth $8,504,000 after buying an additional 1,133 shares in the last quarter. Kera Capital Partners Inc. grew its position in iShares Core S&P Mid-Cap ETF by 15.8% in the first quarter. Kera Capital Partners Inc. now owns 18,702 shares of the company’s stock valued at $1,091,000 after acquiring an additional 2,546 shares during the period. Marcum Wealth LLC raised its stake in iShares Core S&P Mid-Cap ETF by 3.3% during the first quarter. Marcum Wealth LLC now owns 785,794 shares of the company’s stock worth $45,851,000 after acquiring an additional 25,281 shares in the last quarter. Mascagni Wealth Management Inc. bought a new position in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter valued at $105,000. Finally, Northeast Planning Associates INC. NH bought a new position in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter valued at $1,359,000.

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).