Summit Financial Strategies Inc. Acquires 128,040 Shares of iShares Core S&P Mid-Cap ETF $IJH

Summit Financial Strategies Inc. raised its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 15.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 972,216 shares of the company’s stock after buying an additional 128,040 shares during the quarter. iShares Core S&P Mid-Cap ETF accounts for approximately 5.2% of Summit Financial Strategies Inc.’s holdings, making the stock its 8th biggest holding. Summit Financial Strategies Inc. owned approximately 0.06% of iShares Core S&P Mid-Cap ETF worth $65,654,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IJH. SoundView Advisors Inc. raised its position in iShares Core S&P Mid-Cap ETF by 0.3% in the first quarter. SoundView Advisors Inc. now owns 177,445 shares of the company’s stock worth $11,982,000 after purchasing an additional 467 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of iShares Core S&P Mid-Cap ETF by 4.2% in the 1st quarter. Sequoia Financial Advisors LLC now owns 604,672 shares of the company’s stock valued at $40,833,000 after purchasing an additional 24,389 shares during the period. Mascoma Wealth Management LLC grew its stake in shares of iShares Core S&P Mid-Cap ETF by 2.6% in the 1st quarter. Mascoma Wealth Management LLC now owns 138,259 shares of the company’s stock valued at $9,337,000 after purchasing an additional 3,531 shares during the period. Manning & Napier Advisors LLC raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 1,451.7% in the 1st quarter. Manning & Napier Advisors LLC now owns 2,250 shares of the company’s stock worth $152,000 after buying an additional 2,105 shares in the last quarter. Finally, Ramsay Stattman Vela & Price Inc. raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 0.7% in the 1st quarter. Ramsay Stattman Vela & Price Inc. now owns 139,030 shares of the company’s stock worth $9,389,000 after buying an additional 958 shares in the last quarter. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of iShares Core S&P Mid-Cap ETF stock traded down $0.03 during midday trading on Friday, hitting $75.67. 6,723,643 shares of the company were exchanged, compared to its average volume of 12,726,170. The firm has a 50 day simple moving average of $74.71 and a 200-day simple moving average of $71.35. The firm has a market cap of $122.40 billion, a P/E ratio of 19.00 and a beta of 1.00. iShares Core S&P Mid-Cap ETF has a 52 week low of $61.29 and a 52 week high of $77.28.

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.