iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Reaches New 52-Week High – Time to Buy?

iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $66.77 and last traded at $66.71, with a volume of 4481572 shares. The stock had previously closed at $65.73.

iShares Core S&P Mid-Cap ETF Price Performance

The stock has a fifty day moving average of $63.20 and a 200 day moving average of $60.85. The stock has a market cap of $93.58 billion, a price-to-earnings ratio of 3.28 and a beta of 1.09.

Institutional Trading of iShares Core S&P Mid-Cap ETF

A number of hedge funds have recently modified their holdings of the stock. Kopp Family Office LLC grew its position in shares of iShares Core S&P Mid-Cap ETF by 400.0% during the 1st quarter. Kopp Family Office LLC now owns 565 shares of the company’s stock valued at $34,000 after acquiring an additional 452 shares during the period. Strategic Investment Solutions Inc. IL purchased a new position in iShares Core S&P Mid-Cap ETF during the second quarter worth approximately $34,000. Darwin Wealth Management LLC acquired a new stake in iShares Core S&P Mid-Cap ETF in the third quarter valued at approximately $35,000. LRI Investments LLC increased its position in shares of iShares Core S&P Mid-Cap ETF by 200.0% in the second quarter. LRI Investments LLC now owns 645 shares of the company’s stock valued at $38,000 after buying an additional 430 shares in the last quarter. Finally, Wiser Advisor Group LLC raised its stake in shares of iShares Core S&P Mid-Cap ETF by 400.0% during the 1st quarter. Wiser Advisor Group LLC now owns 705 shares of the company’s stock worth $43,000 after buying an additional 564 shares during the period.

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).