Creative Planning Holds $311.87 Million in iShares Core S&P Mid-Cap ETF

On October 19, 2024, it was reported that Creative Planning reduced its investment in the iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 1.9% during the third quarter. According to their latest Form 13F filing with the Securities and Exchange Commission, Creative Planning now holds 5,004,261 shares of the ETF after selling 97,761 shares in the period. This stake represents approximately 0.36% of the ETF, valued at $311,866,000 as of the end of the recent reporting period.

Several other hedge funds have also made adjustments to their holdings in this ETF. For instance, Novare Capital Management LLC increased its position by 4.3% in the third quarter, acquiring an additional 4,852 shares to own a total of 117,068 shares valued at $7,296,000. Similarly, Muirfield Wealth Advisors LLC raised its stake by 1.0% and now holds 85,096 shares worth $5,303,000 following the purchase of 874 additional shares. ORG Partners LLC made a substantial increase, growing their holdings by 74.9% and owning 63,285 shares valued at $3,944,000 after adding 27,094 shares. Cherrydale Wealth Management LLC entered the space by acquiring a new stake valued at $205,000. Lastly, VitalStone Financial LLC increased its position by 10.7% in the third quarter and now holds 57,496 shares valued at $3,583,000 after purchasing an additional 5,538 shares.

Performance of iShares Core S&P Mid-Cap ETF

On the trading day of Friday, the iShares Core S&P Mid-Cap ETF opened at $63.91. The fund has experienced a low of $46.30 and a high of $64.08 over the past year. Its 50-day moving average stands at $61.36, while the 200-day moving average is $59.83. The ETF has a market capitalization of $89.47 billion, a P/E ratio of 3.28, and a beta of 1.09, indicating a level of risk and volatility associated with the ETF.

About iShares Core S&P Mid-Cap ETF

The iShares S&P Midcap 400 Index Fund, known as the iShares Core S&P Mid-Cap ETF, aims to achieve investment results that reflect the performance of the U.S. mid-cap stocks, as represented by the Standard & Poor’s MidCap 400 Index.

Creative, Planning, Investments