iShares Core S&P Mid-Cap ETF $IJH Stock: Summit Financial Strategies Inc. Boosts Position

Summit Financial Strategies Inc. raised its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 14.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,199,159 shares of the company’s stock after purchasing an additional 154,994 shares during the period. iShares Core S&P Mid-Cap ETF comprises approximately 6.0% of Summit Financial Strategies Inc.’s holdings, making the stock its 6th largest holding. Summit Financial Strategies Inc. owned about 0.07% of iShares Core S&P Mid-Cap ETF worth $86,279,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp grew its position in shares of iShares Core S&P Mid-Cap ETF by 0.3% during the first quarter. Bank of New York Mellon Corp now owns 58,734,173 shares of the company’s stock worth $3,966,319,000 after buying an additional 188,450 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares Core S&P Mid-Cap ETF by 3.2% in the second quarter. Envestnet Asset Management Inc. now owns 37,195,080 shares of the company’s stock worth $2,868,113,000 after buying an additional 1,156,205 shares during the last quarter. Royal Bank of Canada raised its holdings in iShares Core S&P Mid-Cap ETF by 6.2% in the fourth quarter. Royal Bank of Canada now owns 25,229,492 shares of the company’s stock valued at $1,665,147,000 after acquiring an additional 1,482,873 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in iShares Core S&P Mid-Cap ETF by 1.7% in the first quarter. PNC Financial Services Group Inc. now owns 15,872,639 shares of the company’s stock valued at $1,071,879,000 after acquiring an additional 260,163 shares in the last quarter. Finally, Keybank National Association OH raised its holdings in iShares Core S&P Mid-Cap ETF by 1.0% in the first quarter. Keybank National Association OH now owns 9,151,043 shares of the company’s stock valued at $617,970,000 after acquiring an additional 93,832 shares in the last quarter. 14.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Price Performance

NYSEARCA IJH opened at $72.27 on Thursday. iShares Core S&P Mid-Cap ETF has a 12 month low of $62.22 and a 12 month high of $78.71. The company has a market capitalization of $121.24 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02. The company’s fifty day moving average price is $74.86 and its two-hundred day moving average price is $74.18.

iShares Core S&P Mid-Cap ETF Profile

Ishares S&P Midcap 400 Index Fund, formerly The iShares Core S&P Mid-Cap ETF (the Fund), seeks investment results that correspond to the price and yield performance, before fees and expenses, of the United States mid-cap stocks, as represented by the Standard & Poor’s MidCap 400 (the Underlying Index). The Underlying Index measures the performance of the mid-capitalization sector of the United States equity market. The Underlying Index consists of stocks from a range of industries. Components include financial, industrials, and information technology companies.