This article first appeared on GuruFocus.
iShares Core S&P Mid-Cap ETF (IJH) was the sole ETF buying on Tuesday, Oct. 27, with no funds selling. The fund recorded $82.3 million in gross purchases against $0 in sales, a net inflow of $82.3 million into its $123.09 billion portfolio. All 390 positions were increased and none decreased, with no new positions opened and no holdings fully exited. ETF activity was entirely one-sided for the session.
What did IJH buy on Tuesday?
Its largest buys by dollar value were OKTA ($0.9 million), FTI ($0.7 million) and UTHR ($0.6 million).
The largest buy was Okta Class A (OKTA), with 4,094 shares added worth $0.9 million, taking its weight to 1.1%. TechnipFMC (FTI) followed with 9,637 shares added for $0.7 million at a 0.82% weight, then United Therapeutics (UTHR) with 1,058 shares for $0.6 million at 0.74%. Entegris (ENTG) added 3,749 shares for $0.6 million at 0.67%, and ATI added 3,358 shares for $0.6 million at 0.66%. None of the top buys were new positions, and there were no sells to report.
How does IJH invest?
iShares Core S&P Mid-Cap ETF (IJH) is an Equity US Sm&Mid Cap fund holding 400 stocks, with 7.2% of assets in its 10 largest holdings. Industrials account for 21.4% of classified stocks, Technology 16.5% and Financial Services 14.1%. By market cap, 56.3% is large cap, 43.6% mid cap and 0.2% small cap. It charges a 0.05% expense ratio. Top holdings are Okta Class A at 1.1%, TechnipFMC at 0.82%, United Therapeutics at 0.74%, Entegris at 0.67% and ATI at 0.66%. The fund has a GF Score of 80, a P/E of 20.53, a P/B of 2.57, a dividend yield of 1.23% and a year-to-date return of 12.02%.
iShares Core S&P Mid-Cap ETF (IJH) at a glance
See the full iShares Core S&P Mid-Cap ETF profile, or compare it with similar funds in the ETF Screener. Its biggest buy this time, OKTA, has its own GF Value page and stock summary.
