Choate Investment Advisors Reduces Position in iShares Core S&P Mid-Cap ETF $IJH

Choate Investment Advisors cut its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 19.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 147,039 shares of the company’s stock after selling 36,452 shares during the quarter. Choate Investment Advisors’ holdings in iShares Core S&P Mid-Cap ETF were worth $9,705,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Networth Advisors LLC purchased a new stake in iShares Core S&P Mid-Cap ETF in the 4th quarter valued at about $28,000. New Millennium Group LLC boosted its position in iShares Core S&P Mid-Cap ETF by 72.1% in the 3rd quarter. New Millennium Group LLC now owns 537 shares of the company’s stock valued at $35,000 after buying an additional 225 shares during the period. Maryland Capital Advisors Inc. boosted its position in iShares Core S&P Mid-Cap ETF by 240.7% in the 4th quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock valued at $36,000 after buying an additional 390 shares during the period. Garner Asset Management Corp purchased a new stake in iShares Core S&P Mid-Cap ETF in the 4th quarter valued at about $39,000. Finally, Bank & Trust Co purchased a new stake in iShares Core S&P Mid-Cap ETF in the 4th quarter valued at about $41,000. 14.60% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

iShares Core S&P Mid-Cap ETF stock opened at $73.50 on Monday. The stock has a market cap of $116.71 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02. iShares Core S&P Mid-Cap ETF has a 1 year low of $58.84 and a 1 year high of $75.15. The firm has a 50-day moving average of $70.57 and a two-hundred day moving average of $68.94.

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.