Envestnet Asset Management Inc. Buys 2,716,707 Shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Envestnet Asset Management Inc. raised its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 10.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 28,411,017 shares of the company’s stock after purchasing an additional 2,716,707 shares during the quarter. iShares Core S&P Mid-Cap ETF makes up approximately 0.6% of Envestnet Asset Management Inc.’s investment portfolio, making the stock its 29th largest holding. Envestnet Asset Management Inc. owned approximately 2.03% of iShares Core S&P Mid-Cap ETF worth $1,770,290,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IJH. Bedel Financial Consulting Inc. raised its stake in iShares Core S&P Mid-Cap ETF by 2.7% during the fourth quarter. Bedel Financial Consulting Inc. now owns 34,144 shares of the company’s stock worth $2,216,000 after buying an additional 909 shares during the last quarter. Sheaff Brock Investment Advisors LLC grew its holdings in iShares Core S&P Mid-Cap ETF by 2.9% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 13,420 shares of the company’s stock worth $836,000 after acquiring an additional 375 shares during the period. Novare Capital Management LLC raised its position in shares of iShares Core S&P Mid-Cap ETF by 10.7% in the 4th quarter. Novare Capital Management LLC now owns 129,554 shares of the company’s stock worth $8,073,000 after acquiring an additional 12,486 shares in the last quarter. Oak Harbor Wealth Partners LLC lifted its stake in shares of iShares Core S&P Mid-Cap ETF by 17.1% in the 4th quarter. Oak Harbor Wealth Partners LLC now owns 29,361 shares of the company’s stock valued at $1,829,000 after purchasing an additional 4,283 shares during the period. Finally, SC&H Financial Advisors Inc. boosted its position in shares of iShares Core S&P Mid-Cap ETF by 16.2% during the 4th quarter. SC&H Financial Advisors Inc. now owns 13,773 shares of the company’s stock valued at $858,000 after purchasing an additional 1,919 shares in the last quarter.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of IJH stock opened at $52.88 on Friday. iShares Core S&P Mid-Cap ETF has a fifty-two week low of $51.79 and a fifty-two week high of $68.33. The stock has a 50 day simple moving average of $61.21 and a two-hundred day simple moving average of $62.94. The company has a market cap of $80.91 billion, a P/E ratio of 17.74 and a beta of 1.14.

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).