iShares S&P MidCap 400 Index Fund (IJH:$256.73) falls on firm volume 01 December 2022

iShares S&P MidCap 400 Index Fund (NYSE:IJH), the 15th largest Exchange Traded Fund by market cap in the United States, has fallen 27.0c (or 0.1%) from its last trading session of November 30 to close at $256.73, ending a two-day streak of rises.

Its MCap is $66.8 billion.

The fall was exacerbated by firm volume of 1.2 times the average daily volume of 1.5 million units.

NET ASSET VALUE release date 28 November, 2022

The Net Asset Value (NAV) of the ETF is $255.32 and it last traded at a premium of 0.554% to NAV.

IJHToday1 Day agoWeek agoMonth ago
Price, USD256.73251.32254.26243.42
NAV, USD255.32235.86242.58
Price/NAV1.011.071.0
MSCI USA11,330.9511,001.6310,715.63

ASSETS UNDER MANAGEMENT (AUM): $65.8 billion

Assets under management of iShares S&P MidCap 400 Index Fund were $65.8 billion as on Dec. 01, 2022.

Inflows of $1.5 billion comprised a jump of 2.37% in its AUM on that date.

Net Flows [USD]AUM [USD]AUM Change %
Today1.5 billion65.8 billion2.37
1 week788 million65 billion1.212
1 month3.8 billion62 billion6.172

THE PAST WEEK [Price up 0.6% to $257.0]

In the past week the ETF rose on 3 days, fell on 1 day and was untraded on 1 day.

DAYHeadlineClose price [USD]Price Change %Comment
Nov 30(IJH:$257.0) rises for a second consecutive day, a two-day rise of 2.6%2572.26Top Rise
Nov 29(IJH:$251.32) increases on weak volume251.320.29
Nov 28(IJH:$250.60) falls 1.9% on weak volume250.6-1.88Steepest Fall
Nov 25(IJH:$255.40) increases on weak volume255.40.45

Falls on below average volumes

Blackrock Financial Management's iShares S&P MidCap 400 Index Fund (IJH: $256.47) falls

iShares S&P MidCap 400 Index Fund (NYSE:IJH) has fallen 53.0c (0.2%) to trade at $256.47 at 10:02 am, Thursday.

There were 333,051 units worth $85.4 million traded so far today. The volume was 0.2 times the average trading volume of 1.5 million units since open.

SECTION 1

ISHARES S&P MIDCAP 400 INDEX FUND BEARISH SIGNALS

Technicals:

Overbought/Bearish/Resistance Signals:

+ The Stochastic indicator of 82.3 has broken through the overbought line of 80; this indicates the price is close to its 14-day high and is likely to revert to a downtrend.

SECTION 2

ISHARES S&P MIDCAP 400 INDEX FUND BULLISH SIGNALS

2.1 Technicals:

+ The present value of USD1,000 (PV1000) invested ten years ago in iShares S&P MidCap 400 Index Fund is $3,008, for a capital gain of $2,008.

+ 10 years Multiplier in USD = 3.008x

+ Compound Annual Growth Rate (CAGR) in USD = 11.6%

2.2 High Performance Indicator:

DescriptionValueRank In Market
Today's Turnover$446.1 millionIn Top 5%

SECTION 3

PRICE VOLUME DYNAMICS

3.1 Technicals:

+ Volume: there were 1,737,600 units worth $446.1 million traded today. In the past week, volume was 0.9 times average and the units were up 1.0%.

+ iShares S&P MidCap 400 Index Fund is at a discount of 9.3% to its 12-month high of $283.19 on January 04. It is also at a premium of 18.5% to the 12-month low of $216.69 on June 16.

+ The present value of $1,000 (PV1000) invested one year ago in iShares S&P MidCap 400 Index Fund is $997, comprising a capital loss of $19 and dividend reinvested of $16. A comparison with Morgan Stanley Capital International World Index [MSCI World] and Morgan Stanley Capital International USA Index [MSCI USA] is shown below:

PV$10001-week1-month1-year
IJH.P1,0101,055997
MSCI World1,0141,050889
MSCI USA1,0301,067897

3.2 The Best 3 weeks in the past quarter [Relative Price Change or RPC]

Mon-FriChange %MSCI USA Change %RPC %Vol Ind [1 is avg]
Oct 24-286.542.50.9
Nov 07-115.3-1.16.31
Sep 05-094.43.80.60.5

3.3 Trailing 3 months

Turnover$20.1 billion
Volume84,312,069
Volume Index (1 is avg)0.9

3.4 Trailing Price Change %

3-Year price change of 32.8% for IJH outperformed the change of 19.7% in the Morgan Stanley Capital International World Index [MSCI World] for a relative price change of 13.1%.

Price Change %QuarterYear3 Years
IJH7.1-1.932.8
MSCI World5.3-11.719.7

3.5 MCap: 5-Year Increase of $23 billion (54%)

In the past 5 years Market Capitalization has increased by $23.4 billion (54%) from $43.4 billion to $66.8 billion. Based on a dynamic start date of 5 years ago, there has been only 1 decline in MCap over the last 5 years.

Close PriceMCap ($ B)
Last$257.066.8
1 Year ago$265.9864.4
2 Years ago$214.6851
3 Years ago$193.3751.7
4 Years ago$177.6146.9
5 Years ago$176.0343.4

3.6 Moving Annual Return of -0.4% in the past year:

Moving Annual Return was -0.4% in the past year. Based on a dynamic start date of 5 years ago, the real rate of return has averaged 9.5%

IJHClose ($)Dividends ($)Capital Gain / (Loss) %% YieldAnnual Return %
Dec 01256.733.96(1.9)1.5(0.4)
1 Yr ago261.712.3923.91.125.1
2 Yrs ago211.22.369.21.210.4
3 Yrs ago193.372.98.91.610.6
4 Yrs ago177.532.880.31.61.9

Close 5 years ago $177.07

3.7 Year-on-Year Comparison (Trailing year - ended 30 Nov)

In the past 5 years, IJH has jumped 45.1% from 177.07 to 257, an average annual compound rise of 7.7%.

202220212020201920182017
Close257265.98211.2193.37177.53177.07
% Price Change-3.425.99.28.90.318.5
Avg Daily Volume1,474,4441,160,3211,224,458849,0101,012,514726,191
VWP249.25255.6169.83176.05181.13172.6
Turnover Period8 mo10 mo11 mo1 yr 4 mo1 yr 5 d1 yr 4 mo
Price Range216.69 - 283.19211.76 - 287.45113.85 - 216.56148.24 - 195.42160.75 - 193.75148.72 - 177.8

In the past 5 years average daily volume has jumped 103% from 726,191 units to 1.5 million units. Turnover period has decreased from 1 year 4 months to 8 months.

SECTION 4

RANKING

4.1 Global Rank out of 4,603 ETFs

The present value of $US1,000 invested a year ago is $US997, ranking it 926 out of 4,603 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 93.

DescriptionValueRankQuartile
Net Assets (US$)47.9B22Top
Price/NAV1.011122Top
Rel Strength 6 Mo (US$)93329Top
PV$1000 (1Year) US$997926Top

4.2 Rank in the Total United States ETF Market [out of 1,850 ETFs]

DescriptionValueRank
Rel Strength 6 Mon ($)88220
PV1000-1Year ($)997579

SECTION 5

ANALYST RECOMMENDATION

DateBrokerageActionCurrent RatingPast Rating
Jan 31,2022Morningstar, Inc.Downgrade3 out of 5

SECTION 6

REPORTED BUYING AND SELLING

6.1 Institutional ownership of IJH at Sep 30: SCS Capital Management top new unitholder

An analysis conducted after the mid - quarter deadline of November 14 for Q3 SEC filings by 6511 institutions shows that there were 26 new institutional unitholders. SCS Capital Management (1303159) was the largest new unitholder with 24,063 units valued at $5.3 million as at September 30.

Top 25 New unitholders as at September 30, 2022

Value is shown at price of September 30, 2022 (in desc order of Units)

Institution (CIK)UnitsValue, $
SCS Capital Management LLC (0001303159)24,0635.3 M
Colony Family Offices, LLC (0001633573)6,7411.5 M
Watchman Group, Inc. (0001748726)6,5031.4 M
Shilanski & Associates, Inc. (0001722084)6,1351.3 M
Pinnacle Wealth Management Group, Inc. (0001868491)6,0421.3 M
Shakespeare Wealth Management, Inc. (0001658509)5,8261.3 M
BCK Partners, Inc. (0001845867)5,0781.1 M
Hartline Investment Corp (0000945625)3,782829,241
Aaron Wealth Advisors LLC (0001812198)2,764606,035
Vista Wealth Management Group, LLC (0001800593)1,055231,319
LWM Advisory Services, LLC (0001697716)1,047229,565
BTR Capital Management Inc. (0000883790)1,040228,030
Strategic Wealth Designers (0001802365)1,018223,207
LVW Advisors, LLC (0001576053)988216,629
Woodmont Investment Counsel., LLC (0001133653)975213,778
Golden Green, Inc. (0001839419)944206,981
Psagot Value Holdings Ltd. / (Israel) (0001912576)880192,949
Atlantic Trust, LLC (0001708001)559122,566
EdgeRock Capital LLC (0001908378)26558,104
Raleigh Capital Management Inc. (0001911726)18440,344
Legend Financial Advisors, Inc. (0001781948)17638,590
Absolute Capital Management, LLC (0001817648)15233,328
Dougherty Wealth Advisers LLC (0001755933)14632,012
Providence First Trust Co (0001713735)10021,926
Oxler Private Wealth LLC (0001846002)5211,402
Total76,51516.8 million

6.2 Institutional ownership of IJH at Sep 30: Altium Wealth Management LLC top exit

An analysis conducted after the mid - quarter deadline of November 14 for 20223 SEC filings by 6511 institutions shows that there were 114 exits. Altium Wealth Management LLC was the largest exit with 298,638 units valued at 67.2 M as at September 30.

Institution (CIK)UnitsValue, $
Altium Wealth Management LLC (0001739594)298,63867.2 M
Macquarie Group Ltd (0001418333)216,56948.7 M
Cliftonlarsonallen Wealth Advisors, LLC (0000944361)200,59645.1 M
Invst, LLC (0001867587)113,21425.5 M
Investments & Financial Planning, LLC (0001909307)73,86516.6 M
Reynolds Investment Management, Inc. (0001930621)70,08415.8 M
Cape Ann Savings Bank (0000936938)63,88814.4 M
Coldstream Capital Management Inc. (0001082339)62,72714.1 M
Ifp Advisors, Inc (0001641866)39,4258.9 M
Traynor Capital Management, Inc. (0001666786)35,7318 M
RiverGlades Family Offices LLC (0001619779)34,7717.8 M
Corecap Advisors, LLC (0001902501)31,5477.1 M
HYA Advisors, Inc (0001810676)28,9896.5 M
Mather Group, LLC (0001527641)28,4656.4 M
Flynn Zito Capital Management, LLC (0001857144)24,3875.5 M
Frontier Wealth Management LLC (0001548179)23,0995.2 M
CVA Family Office, LLC (0001802084)20,8934.7 M
Roger Wittlin Investment Advisory, LLC (0001911328)16,5583.7 M
CFS Investment Advisory Services, LLC (0001845688)15,0463.4 M
McDonald Partners LLC (0001331074)14,3143.2 M
Vericrest Private Wealth (0001912300)13,9783.1 M
Headinvest, LLC (0001372130)13,6813.1 M
EP Wealth Advisors, Inc. (0001540569)13,6543.1 M
Hancock Whitney Investment Services Inc. (0001009952)12,1062.7 M
IHT Wealth Management, LLC (0001697490)11,9002.7 M
Total1,478,125332.4 million

SECTION 7

PROFILE

7.1 Description

iShares S&P MidCap 400 Index Fund (the Fund) seeks investment results that correspond generally to the price and yield performance of United States mid-cap stocks, as represented by the Standard & Poor's MidCap 400 Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market. The Index serves as the underlying index for the S&P 400/Citigroup Growth and Value Index series. The components stocks are weighted according to the total float-adjusted market value of their outstanding shares. The component stocks have a market capitalization between $1 billion and $4 billion (which may fluctuate depending on the overall level of the equity markets), and are selected for liquidity and industry group representation. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Fund's investment advisor is Barclays Global Fund Advisors.

7.2 SNAPSHOT

iShares S&P MidCap 400 Index Fund (NYSE:IJH)

ISIN: US4642875078

Inception DateMay 22, 2000
Expense Ratio0.1% of average net assets
CategoryBlend - Mid Cap
Fund Family NameiShares
Index TrackedS&P MidCap 400 Index
Asset ClassEquity

7.3 Contact Details

Websitehttp://us.ishares.com/product_info/fund/overview/IJH.htm
Physical AddressBlackRock Fund Advisors 400 Howard Street San Francisco, CA 94105 USA
Phone (800) 474-2737

7.4 ISHARES S&P MIDCAP 400 INDEX FUND ETF Dashboard [traded in US Dollars, USD]

ISINUS4642875078
CUSIP464287507
Inception DateMay 22, 2000
Index TrackedS&P MidCap 400 Index
Asset Class Equity
FocusMid Cap
CountryUNITED STATES
Dec 01, 2022$256.73
Nov 28 NAV$255.32
Price/NAV1.01
Dividend Yield (TTM)1.5%
Ave Daily Volume1,491,279 units
52-Week Range216.69 - 283.19
Market Cap$66.8 billion
Units Outstanding260,050,000
Institutional Ownership169,103,918
% of units outstanding69%
PV$1000 (1 yr)$997

7.5 Fund Managers and Management Fees

+ The managers of the ETF are Rob Kapito and Gary Shedlin and Robert Goldstein and Larry Fink and Greg Savage and Alan Mason and Jennifer Hsui and Amy Whitelaw. The management fee is 0.2% of total assets

SECTION 8

DIVIDEND

Dividend:1.4
Dividend Date:September 26, 2022
Dividend Yield:1.5%
Annual Dividend:$3.96

SECTION 9

TOP HOLDINGS & PORTFOLIO ALLOCATION

9.1 Top Holdings (September 22, 2022)

HoldingsWeight (%)
Targa Resources Corp0.8
Carlisle Companies Inc0.7
Steel Dynamics Inc0.7
Wolfspeed Inc0.7
EQT Corp0.7
First Solar Inc0.6
Darling Ingredients Inc0.6
RPM International Inc0.6
First Horizon Corp0.6
Fair Isaac Corp0.6

9.2 Sector Breakdown (August 31, 2022)

Sector%
Real Estate14.7
Consumer Discretionary13.7
Information Technology12
Health Care10.1
Real Estate8.4
Materials7.2
Energy4.8
Consumer Staples4.1
Utilities4.1
Communication Services1.5

9.3 Market Cap Breakdown (August 31, 2022)

Market Cap%
Small53.5
Mid46.1
Large0.4

9.4 Country Breakdown (August 31, 2022)

Country %
United States99.3
India0.4
United Kingdom0.3

IJH.P

CIK: 1100663

CUSIP: 464287507

Source: www.BuySellSignals.com