Constellation Investments Inc. Decreases Stock Position in iShares Core S&P Mid-Cap ETF $IJH

Constellation Investments Inc. trimmed its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 68.0% in the first quarter, Holdings Channel.com reports. The firm owned 455,000 shares of the company’s stock after selling 965,000 shares during the period. iShares Core S&P Mid-Cap ETF comprises approximately 1.0% of Constellation Investments Inc.’s investment portfolio, making the stock its 13th largest position. Constellation Investments Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $30,726,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Networth Advisors LLC acquired a new position in iShares Core S&P Mid-Cap ETF in the 4th quarter worth $28,000. Maryland Capital Advisors Inc. grew its stake in shares of iShares Core S&P Mid-Cap ETF by 240.7% during the fourth quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock valued at $36,000 after acquiring an additional 390 shares in the last quarter. Timmons Wealth Management LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter valued at about $37,000. Garner Asset Management Corp purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter worth about $39,000. Finally, Garton & Associates Financial Advisors LLC purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter worth about $40,000. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

NYSEARCA:IJH opened at $76.22 on Monday. iShares Core S&P Mid-Cap ETF has a one year low of $61.29 and a one year high of $77.12. The business’s 50-day simple moving average is $74.01 and its 200 day simple moving average is $70.73. The stock has a market cap of $121.03 billion, a price-to-earnings ratio of 19.00 and a beta of 1.01.

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.