iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Reaches New 12-Month High – Should You Buy?

iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) shares hit a new 52-week high on Wednesday . The company traded as high as $65.73 and last traded at $65.31, with a volume of 806286 shares changing hands. The stock had previously closed at $63.10.

iShares Core S&P Mid-Cap ETF Price Performance

The stock’s 50 day simple moving average is $62.12 and its two-hundred day simple moving average is $60.34. The stock has a market cap of $92.30 billion, a P/E ratio of 3.28 and a beta of 1.09.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of IJH. Delta Asset Management LLC TN raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 400.0% in the first quarter. Delta Asset Management LLC TN now owns 455 shares of the company’s stock valued at $28,000 after purchasing an additional 364 shares during the last quarter. Mark Sheptoff Financial Planning LLC raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 531.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 505 shares of the company’s stock valued at $31,000 after purchasing an additional 425 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the second quarter valued at approximately $34,000. Kopp Family Office LLC raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 400.0% in the first quarter. Kopp Family Office LLC now owns 565 shares of the company’s stock valued at $34,000 after purchasing an additional 452 shares during the last quarter. Finally, LRI Investments LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the first quarter valued at approximately $39,000.

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).