Almanack Investment Partners LLC. Buys New Position in iShares Core S&P Mid-Cap ETF $IJH

Almanack Investment Partners LLC. bought a new stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 5,636 shares of the company’s stock, valued at approximately $350,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Embree Financial Group lifted its position in shares of iShares Core S&P Mid-Cap ETF by 29.7% in the 2nd quarter. Embree Financial Group now owns 58,176 shares of the company’s stock worth $3,608,000 after acquiring an additional 13,336 shares during the period. Alley Investment Management Company LLC lifted its position in shares of iShares Core S&P Mid-Cap ETF by 0.6% in the 1st quarter. Alley Investment Management Company LLC now owns 128,886 shares of the company’s stock worth $7,520,000 after acquiring an additional 818 shares during the period. Greenfield Savings Bank lifted its position in shares of iShares Core S&P Mid-Cap ETF by 2.8% in the 2nd quarter. Greenfield Savings Bank now owns 86,364 shares of the company’s stock worth $5,356,000 after acquiring an additional 2,387 shares during the period. Clay Northam Wealth Management LLC lifted its position in shares of iShares Core S&P Mid-Cap ETF by 7.3% in the 2nd quarter. Clay Northam Wealth Management LLC now owns 43,135 shares of the company’s stock worth $2,675,000 after acquiring an additional 2,940 shares during the period. Finally, Guyasuta Investment Advisors Inc. lifted its position in shares of iShares Core S&P Mid-Cap ETF by 2.5% in the 2nd quarter. Guyasuta Investment Advisors Inc. now owns 10,113 shares of the company’s stock worth $627,000 after acquiring an additional 248 shares during the period. Institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Up 2.0%

Shares of IJH stock opened at $64.49 on Tuesday. The stock has a 50 day moving average of $64.83 and a two-hundred day moving average of $61.60. iShares Core S&P Mid-Cap ETF has a 12 month low of $50.15 and a 12 month high of $68.33. The company has a market capitalization of $98.71 billion, a P/E ratio of 19.00 and a beta of 1.12.

About iShares Core S&P Mid-Cap ETF

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).