Segment Wealth Management LLC Makes New $687,000 Investment in iShares Core S&P Mid-Cap ETF $IJH

Segment Wealth Management LLC purchased a new position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 9,547 shares of the company’s stock, valued at approximately $687,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. First Financial Corp IN bought a new stake in iShares Core S&P Mid-Cap ETF in the 3rd quarter worth about $28,000. Virginia Estate & Retirement Planning Advisors Inc. purchased a new position in iShares Core S&P Mid-Cap ETF in the 3rd quarter worth about $34,000. Security National Bank of Sioux City Iowa IA purchased a new position in iShares Core S&P Mid-Cap ETF in the 2nd quarter worth about $35,000. Nvwm LLC bought a new position in iShares Core S&P Mid-Cap ETF during the 3rd quarter valued at about $41,000. Finally, Coppell Advisory Solutions LLC bought a new position in iShares Core S&P Mid-Cap ETF during the 2nd quarter valued at about $44,000. 14.60% of the stock is owned by institutional investors.

iShares Core S&P Mid-Cap ETF Stock Performance

IJH opened at $73.22 on Wednesday. The company’s 50-day simple moving average is $73.98 and its two-hundred day simple moving average is $72.90. The stock has a market capitalization of $122.72 billion, a P/E ratio of 19.00 and a beta of 1.02. iShares Core S&P Mid-Cap ETF has a 52-week low of $62.22 and a 52-week high of $78.71.

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). 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.