Rakuten Investment Management Inc. Makes New $728,000 Investment in iShares Core S&P Mid-Cap ETF $IJH

Rakuten Investment Management Inc. purchased a new stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the third quarter, according to its most recent 13F filing with the SEC. The fund purchased 11,165 shares of the company’s stock, valued at approximately $728,000.

Other institutional investors have also recently made changes to their positions in the company. Creative Financial Designs Inc. ADV lifted its stake in iShares Core S&P Mid-Cap ETF by 4.4% during the second quarter. Creative Financial Designs Inc. ADV now owns 102,976 shares of the company’s stock worth $6,387,000 after purchasing an additional 4,336 shares during the last quarter. XY Planning Network Inc. raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 15.2% during the 2nd quarter. XY Planning Network Inc. now owns 15,541 shares of the company’s stock valued at $964,000 after buying an additional 2,054 shares in the last quarter. Clarity Wealth Advisors LLC lifted its position in iShares Core S&P Mid-Cap ETF by 2.9% in the 3rd quarter. Clarity Wealth Advisors LLC now owns 261,065 shares of the company’s stock worth $17,037,000 after buying an additional 7,470 shares during the last quarter. Cerity Partners LLC lifted its position in iShares Core S&P Mid-Cap ETF by 13.3% in the 3rd quarter. Cerity Partners LLC now owns 4,992,224 shares of the company’s stock worth $325,792,000 after buying an additional 585,414 shares during the last quarter. Finally, 49 Wealth Management LLC boosted its stake in iShares Core S&P Mid-Cap ETF by 16.4% in the second quarter. 49 Wealth Management LLC now owns 315,999 shares of the company’s stock worth $19,598,000 after buying an additional 44,504 shares in the last quarter. Institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

IJH stock opened at $69.64 on Friday. The company has a market capitalization of $108.32 billion, a PE ratio of 19.00 and a beta of 1.07. iShares Core S&P Mid-Cap ETF has a one year low of $50.15 and a one year high of $71.04. The company’s 50 day moving average price is $67.03 and its two-hundred day moving average price is $65.46.

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). The Underlying Index measures the performance of the mid-capitalization sector of the United States equity market. The Underlying Index consists of stocks from a range of industries. Components include financial, industrials, and information technology companies.