iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Shares Down 0.9%

Shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) were down 0.9% on Wednesday . The stock traded as low as $56.50 and last traded at $56.51. Approximately 4,941,676 shares traded hands during trading, a decline of 29% from the average daily volume of 7,007,031 shares. The stock had previously closed at $57.01.

iShares Core S&P Mid-Cap ETF Price Performance

The stock has a market cap of $15.62 billion, a P/E ratio of 14.63 and a beta of 1.12. The stock has a 50-day simple moving average of $58.28 and a 200-day simple moving average of $54.19.

Hedge Funds Weigh In On iShares Core S&P Mid-Cap ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Keener Financial Planning LLC acquired a new stake in iShares Core S&P Mid-Cap ETF during the 4th quarter worth approximately $25,000. Copeland Capital Management LLC grew its position in shares of iShares Core S&P Mid-Cap ETF by 307.7% during the 3rd quarter. Copeland Capital Management LLC now owns 106 shares of the company’s stock worth $26,000 after buying an additional 80 shares during the period. Davis Capital Management increased its stake in shares of iShares Core S&P Mid-Cap ETF by 400.0% in the 1st quarter. Davis Capital Management now owns 465 shares of the company’s stock valued at $28,000 after acquiring an additional 372 shares in the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in shares of iShares Core S&P Mid-Cap ETF during the 1st quarter valued at $28,000. Finally, Optiver Holding B.V. bought a new position in iShares Core S&P Mid-Cap ETF during the fourth quarter worth $29,000.

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).