Kovack Advisors Inc. Boosts Holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Kovack Advisors Inc. grew its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 29.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,874 shares of the company’s stock after buying an additional 2,015 shares during the period. Kovack Advisors Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $518,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Minot DeBlois Advisors LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF in the 4th quarter worth approximately $27,000. MorganRosel Wealth Management LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF in the 1st quarter worth approximately $29,000. American Capital Advisory LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF in the 1st quarter worth approximately $33,000. Wayfinding Financial LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF in the 1st quarter worth approximately $37,000. Finally, Barnes Dennig Private Wealth Management LLC acquired a new position in shares of iShares Core S&P Mid-Cap ETF in the 1st quarter worth approximately $42,000. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of IJH stock opened at $64.36 on Friday. The firm’s 50 day moving average price is $61.79 and its 200-day moving average price is $60.66. iShares Core S&P Mid-Cap ETF has a one year low of $50.15 and a one year high of $68.33. The firm has a market cap of $98.66 billion, a P/E ratio of 19.00 and a beta of 1.12.

iShares Core S&P Mid-Cap ETF Company 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).