Freedom Investment Management Inc. Cuts Stock Holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Freedom Investment Management Inc. trimmed its holdings in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 2.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 223,012 shares of the company’s stock after selling 4,694 shares during the period. iShares Core S&P Mid-Cap ETF comprises 1.2% of Freedom Investment Management Inc.’s investment portfolio, making the stock its 15th biggest holding. Freedom Investment Management Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $13,896,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Bank of New York Mellon Corp increased its stake in iShares Core S&P Mid-Cap ETF by 7.8% in the 4th quarter. Bank of New York Mellon Corp now owns 51,986,835 shares of the company’s stock valued at $3,239,300,000 after purchasing an additional 3,773,422 shares in the last quarter. Wells Fargo & Company MN grew its holdings in iShares Core S&P Mid-Cap ETF by 7.3% in the fourth quarter. Wells Fargo & Company MN now owns 51,247,964 shares of the company’s stock valued at $3,193,261,000 after purchasing an additional 3,500,023 shares during the last quarter. FMR LLC increased its position in shares of iShares Core S&P Mid-Cap ETF by 10.6% in the fourth quarter. FMR LLC now owns 45,753,482 shares of the company’s stock valued at $2,850,899,000 after buying an additional 4,402,710 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares Core S&P Mid-Cap ETF by 3.3% during the 4th quarter. LPL Financial LLC now owns 42,550,311 shares of the company’s stock worth $2,651,310,000 after buying an additional 1,373,396 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of iShares Core S&P Mid-Cap ETF by 2.4% in the 4th quarter. JPMorgan Chase & Co. now owns 38,961,128 shares of the company’s stock worth $2,427,668,000 after buying an additional 907,038 shares in the last quarter.

iShares Core S&P Mid-Cap ETF Price Performance

IJH stock opened at $54.85 on Friday. The company’s 50 day simple moving average is $58.88 and its 200-day simple moving average is $62.31. iShares Core S&P Mid-Cap ETF has a 12 month low of $50.15 and a 12 month high of $68.33. The firm has a market capitalization of $83.92 billion, a PE ratio of 17.74 and a beta of 1.08.

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).