Streetbeat News

IJH

iShares Core S&P Mid-Cap ETF

https://www.ishares.com/us/products/239763/ishares-core-sp-midcap-etf

Industry

Asset Management

The index measures the performance of the mid-capitalization sector of the U.S. equity market, as determined by SPDJI. The fund generally will invest at least 80% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents.

Open

65.70

Mkt cap

98B

Volume

High

66.02

P/E Ratio

3.61

52-wk high

66.02

Low

65.47

Div yield

0.01

52-wk low

48.02

Amplify has launched the Small-Mid Cap Equity ETF (NYSE:SMAP), targeting the often-overlooked small- and mid-cap market segments. These segments have outperformed larger peers this year, with small-caps up 6.97% YTD and mid-caps up 13.39% YTD. The ETF aims to capitalize on potential interest rate cuts, offering a flexible investment approach.

Portfolio Pulse from Surbhi Jain

October 23, 2024 | 3:40 pm

GameStop Corp (NYSE:GME) announced the shutdown of Game Informer magazine, laying off the entire staff. The closure comes as part of CEO Ryan Cohen's strategy to scrutinize expenses. Analysts criticize GameStop's business model but note its strong cash position and upcoming console releases from Sony, Nintendo, and Microsoft. GME shares fell 12.01% premarket.

Portfolio Pulse from Anusuya Lahiri

August 05, 2024 | 11:40 am

On CNBC's 'Halftime Report Final Trades,' analysts discussed their top stock picks including Morgan Stanley, iShares Core S&P Mid-Cap ETF, Exxon Mobil, and Seagate Technology. Morgan Stanley reported strong Q2 earnings, Exxon Mobil is close to its all-time high and will release its Q2 results soon, and Seagate reported better-than-expected Q4 results.

Portfolio Pulse from Avi Kapoor

July 29, 2024 | 12:32 pm

The CNBC Halftime Report's final trades include Seagate Technology, Exxon Mobil, Morgan Stanley, and the iShares Core S&P Mid-Cap ETF.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 5:00 pm

Whirlpool Corporation (NYSE:WHR) shares are trading lower after a surge due to rumors of a potential bid by Robert Bosch GmbH. Goldman Sachs analyst Susan Maklari rated WHR as Buy with a price target of $118, noting Whirlpool's strong market position. However, the company's revenues and adjusted EBITDA have decreased significantly from 2021 to 2023. Investors can also gain exposure to WHR via the iShares Core S&P Mid-Cap ETF (NYSE:IJH) and the Schwab US Dividend Equity ETF (NYSE:SCHD).

Portfolio Pulse from Lekha Gupta

June 27, 2024 | 5:24 pm

Acuity Brands, Inc (NYSE:AYI) reported mixed Q3 results with a 3.2% decline in net sales to $968.1 million, missing analyst estimates. However, the company beat EPS estimates with $4.15. The Intelligent Spaces Group saw a 15% revenue increase, while the overall operating margin improved. AYI stock is down 0.73% premarket.

Portfolio Pulse from Anusuya Lahiri

June 27, 2024 | 12:46 pm

Whirlpool Corp (NYSE: WHR) stock surged on Wednesday following reports that Robert Bosch GmbH is considering a bid for the U.S. appliance manufacturer. This potential acquisition would enhance Bosch's presence in the white goods market. Whirlpool has recently restructured its operations and sold off some of its businesses. The stock has lost over 39% in the last 12 months but gained 17.50% on the news. Investors can also gain exposure to Whirlpool through the iShares Core S&P Mid-Cap ETF (NYSE: IJH) and the Schwab US Dividend Equity ETF (NYSE: SCHD).

Portfolio Pulse from Anusuya Lahiri

June 26, 2024 | 1:38 pm

GameStop Corp (NYSE:GME) is facing challenges in its core business but is leveraging its large cash reserves to earn interest, resembling a bank. Despite a significant drop in stock value, its enterprise value is more than double that of Best Buy Co (NYSE:BBY). GameStop's cash reserves could sustain it for a decade, and investing in U.S. treasuries could yield significant interest income. Investors can also gain exposure to GameStop via iShares Core S&P Mid-Cap ETF (NYSE:IJH) and Vanguard Small-Cap ETF (NYSE:VB).

Portfolio Pulse from Anusuya Lahiri

June 26, 2024 | 1:28 pm

Wolfspeed Inc (NYSE:WOLF) has postponed its $3 billion plant in Germany due to weak EV markets and is focusing on ramping up production in New York. The delay, coupled with disappointing Q3 revenue results, has led analysts to lower their price targets. The stock has fallen 50% over the past year.

Portfolio Pulse from Anusuya Lahiri

June 20, 2024 | 11:17 am

GameStop Corp (NYSE:GME) shares are trading higher in the premarket on Monday after a volatile session last Friday, where the stock closed 39% lower following disappointing fiscal first-quarter earnings and a lackluster livestream by Keith Gill. The company reported net sales of $881.8 million, missing analyst estimates, and an EPS loss of $(0.12). GameStop also announced an at-the-market offering program for up to 75 million shares. Investors can gain exposure to GameStop via iShares Core S&P Mid-Cap ETF (NYSE:IJH) and SPDR MidCap Trust Series I (NYSE:MDY).

Portfolio Pulse from Anusuya Lahiri

June 10, 2024 | 1:41 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.