Claro Advisors LLC Reduces Share Holdings in iShares Core S&P Mid-Cap ETF

On October 20, 2024, it was reported that Claro Advisors LLC has significantly decreased its stake in the iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 84.4% in the third quarter of this year. According to a recent filing with the Securities & Exchange Commission, the firm now holds 7,415 shares of the ETF, having sold 40,171 shares during the quarter. At the end of this reporting period, Claro Advisors LLC's holdings were valued at approximately $462,000.

Other investment firms have also made notable adjustments to their positions in IJH. For instance, Fisher Asset Management LLC increased its stake by 62.5% in the fourth quarter, now owning 3,716 shares worth $1,030,000 after acquiring an additional 1,429 shares. RFG Advisory LLC made a substantial increase of 438.8% in the first quarter, raising its holdings to 27,601 shares valued at $1,676,000 after buying 22,478 additional shares. Similarly, International Assets Investment Management LLC boosted its position by 403.4% in the first quarter, resulting in 30,915 shares valued at $1,866,000 following a purchase of 24,774 shares.

Salem Investment Counselors Inc. also expanded its holdings in the first quarter by 392.6%, now owning 26,604 shares worth approximately $1,616,000 after purchasing 21,203 shares. Another notable increase came from Radnor Capital Management LLC, which grew its stake by 306.4%, resulting in 7,920 shares valued at $481,000 after buying an additional 5,971 shares.

iShares Core S&P Mid-Cap ETF Performance

As of the latest trading session, the iShares Core S&P Mid-Cap ETF opened at $63.91. Over the past year, the stock has experienced a low of $46.30 and a high of $64.08. With a market capitalization of $89.47 billion, the ETF has a price-to-earnings ratio of 3.28 and a beta of 1.09. The moving averages for the past fifty days and two hundred days stand at $61.36 and $59.83, respectively.

About iShares Core S&P Mid-Cap ETF

The iShares Core S&P Mid-Cap ETF aims to mirror the price and yield performance of mid-cap U.S. stocks as represented by the S&P MidCap 400 Index, minus fees and expenses. This allows investors to gain exposure to a diversified set of mid-sized companies within the American equity market.

Claro, Advisors, iShares