iShares Core S&P Mid-Cap ETF $IJH is Summit Financial Strategies Inc.’s 6th Largest Position

Summit Financial Strategies Inc. raised its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 7.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,044,165 shares of the company’s stock after purchasing an additional 71,949 shares during the quarter. iShares Core S&P Mid-Cap ETF accounts for about 5.7% of Summit Financial Strategies Inc.’s holdings, making the stock its 6th biggest position. Summit Financial Strategies Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $80,516,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of IJH. First Financial Corp IN boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 115.8% in the second quarter. First Financial Corp IN now owns 395 shares of the company’s stock valued at $30,000 after buying an additional 212 shares in the last quarter. Timmons Wealth Management LLC purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter worth $37,000. Garton & Associates Financial Advisors LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter worth $40,000. Arjuna Capital purchased a new position in shares of iShares Core S&P Mid-Cap ETF in the 4th quarter valued at about $42,000. Finally, Coppell Advisory Solutions LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the second quarter valued at about $44,000. 14.60% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Trading Down 0.6%

IJH stock opened at $75.36 on Wednesday. The company’s 50-day moving average price is $76.20 and its 200 day moving average price is $73.45. iShares Core S&P Mid-Cap ETF has a 52 week low of $62.22 and a 52 week high of $78.71. The company has a market cap of $122.57 billion, a P/E ratio of 19.00 and a beta of 1.01.

About iShares Core S&P Mid-Cap ETF

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.