Bay Capital Advisors LLC Makes New $2.42 Million Investment in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Bay Capital Advisors LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 38,889 shares of the company’s stock, valued at approximately $2,423,000. iShares Core S&P Mid-Cap ETF comprises about 1.9% of Bay Capital Advisors LLC’s investment portfolio, making the stock its 12th largest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Key Financial Inc increased its holdings in iShares Core S&P Mid-Cap ETF by 1.4% in the 4th quarter. Key Financial Inc now owns 11,203 shares of the company’s stock valued at $698,000 after buying an additional 160 shares during the period. Washington Trust Advisors Inc. boosted its position in shares of iShares Core S&P Mid-Cap ETF by 1.0% during the 4th quarter. Washington Trust Advisors Inc. now owns 16,755 shares of the company’s stock valued at $1,044,000 after acquiring an additional 162 shares in the last quarter. Mason & Associates Inc increased its stake in iShares Core S&P Mid-Cap ETF by 2.5% in the fourth quarter. Mason & Associates Inc now owns 7,163 shares of the company’s stock valued at $446,000 after acquiring an additional 175 shares during the period. Center for Financial Planning Inc. raised its position in iShares Core S&P Mid-Cap ETF by 0.4% in the fourth quarter. Center for Financial Planning Inc. now owns 40,662 shares of the company’s stock worth $2,534,000 after purchasing an additional 176 shares in the last quarter. Finally, NCM Capital Management LLC raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 2.3% in the 3rd quarter. NCM Capital Management LLC now owns 7,928 shares of the company’s stock worth $494,000 after buying an additional 178 shares in the last quarter.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of IJH stock opened at $60.26 on Tuesday. The stock’s fifty day simple moving average is $62.42 and its 200 day simple moving average is $63.09. iShares Core S&P Mid-Cap ETF has a one year low of $56.01 and a one year high of $68.33. The firm has a market cap of $92.20 billion, a price-to-earnings 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).