Legacy Wealth Management Inc Reduces Stock Position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Legacy Wealth Management Inc trimmed its stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 3.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,360,573 shares of the company’s stock after selling 48,681 shares during the quarter. iShares Core S&P Mid-Cap ETF comprises approximately 5.4% of Legacy Wealth Management Inc’s investment portfolio, making the stock its 7th biggest position. Legacy Wealth Management Inc’s holdings in iShares Core S&P Mid-Cap ETF were worth $84,777,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Core S&P Mid-Cap ETF by 3.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 100,490,787 shares of the company’s stock worth $5,880,889,000 after purchasing an additional 3,196,592 shares during the last quarter. FMR LLC increased its position in iShares Core S&P Mid-Cap ETF by 16.2% during the 3rd quarter. FMR LLC now owns 41,350,772 shares of the company’s stock worth $2,576,980,000 after buying an additional 5,776,791 shares during the period. LPL Financial LLC lifted its holdings in shares of iShares Core S&P Mid-Cap ETF by 2.8% during the third quarter. LPL Financial LLC now owns 41,176,915 shares of the company’s stock worth $2,566,145,000 after buying an additional 1,114,290 shares in the last quarter. Raymond James & Associates boosted its position in shares of 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 acquiring an additional 8,628,060 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in shares of iShares Core S&P Mid-Cap ETF by 1.1% in the third quarter. PNC Financial Services Group Inc. now owns 16,534,559 shares of the company’s stock valued at $1,030,434,000 after acquiring an additional 179,657 shares in the last quarter.

iShares Core S&P Mid-Cap ETF Stock Performance

NYSEARCA:IJH opened at $65.40 on Friday. iShares Core S&P Mid-Cap ETF has a 52 week low of $54.14 and a 52 week high of $68.33. The firm’s 50-day simple moving average is $64.59 and its 200 day simple moving average is $62.58. The firm has a market cap of $91.56 billion, a price-to-earnings ratio of 3.28 and a beta of 1.09.

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).