Cliftonlarsonallen Wealth Advisors LLC has reduced its stake in the iShares Core S&P Mid-Cap ETF (NYSEARCA: IJH) by 6.9% during the third quarter of 2023. According to the firm’s most recent 13F filing with the U.S. Securities and Exchange Commission (SEC), the company sold 8,137 shares, bringing its total ownership to 109,471 shares. As of the latest filing, these holdings are valued at approximately $7,144,000.
Several other investment firms have also adjusted their positions in the iShares Core S&P Mid-Cap ETF recently. Notably, during the second quarter, Capital A Wealth Management LLC acquired a new stake valued at around $25,000. In the first quarter, Banque Transatlantique SA purchased shares worth approximately $35,000.
Another significant move came from North Capital Inc., which increased its stake by 133.1% in the third quarter, now holding 571 shares valued at about $37,000 after acquiring an additional 326 shares. Similarly, PMV Capital Advisers LLC bought new shares worth $38,000 during the second quarter, while Vermillion Wealth Management Inc. raised its stake by an impressive 324.2% in the same period, now owning 649 shares valued at $40,000.
Institutional investors currently hold 14.60% of the iShares Core S&P Mid-Cap ETF’s stock, indicating significant interest in this investment vehicle among larger financial entities.
Current Stock Performance
As of Tuesday, shares of the iShares Core S&P Mid-Cap ETF opened at $67.42. The fund boasts a market capitalization of $103.46 billion and a price-to-earnings (P/E) ratio of 19.00, reflecting its valuation relative to earnings. The ETF has a beta of 1.07, suggesting it is slightly more volatile than the broader market.
The ETF’s 50-day moving average stands at $65.41, while its 200-day moving average is $64.34. Over the past year, the iShares Core S&P Mid-Cap ETF has experienced a low of $50.15 and a high of $68.22, showcasing its performance fluctuations in response to market conditions.
About the iShares Core S&P Mid-Cap ETF
The iShares Core S&P Mid-Cap ETF seeks investment results that correspond to the price and yield performance of mid-cap U.S. stocks, as represented by the Standard & Poor’s MidCap 400 Index. This index measures the performance of mid-capitalization companies in the U.S. equity market, encompassing a broad range of industries including financial services, industrials, and information technology.
For those interested in tracking institutional holdings and the latest transactions involving the iShares Core S&P Mid-Cap ETF, resources such as HoldingsChannel.com provide regular updates on 13F filings and insider trades.
