Summit Financial Strategies Inc. Raises Position in iShares Core S&P Mid-Cap ETF $IJH

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

Other institutional investors also recently modified their holdings of the company. Networth Advisors LLC bought a new position in iShares Core S&P Mid-Cap ETF in the 4th quarter valued at $28,000. Maryland Capital Advisors Inc. grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 240.7% during the fourth quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock worth $36,000 after purchasing an additional 390 shares during the last quarter. Timmons Wealth Management LLC bought a new stake in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter worth $37,000. Garner Asset Management Corp acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter valued at $39,000. Finally, Garton & Associates Financial Advisors LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter valued at $40,000. Institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Down 0.0%

Shares of iShares Core S&P Mid-Cap ETF stock traded down $0.03 during trading on Friday, reaching $75.67. The company’s stock had a trading volume of 6,723,643 shares, compared to its average volume of 12,726,170. The stock has a 50-day moving average price of $74.71 and a two-hundred day moving average price of $71.35. iShares Core S&P Mid-Cap ETF has a one year low of $61.29 and a one year high of $77.28. The stock has a market capitalization of $122.40 billion, a P/E ratio of 19.00 and a beta of 1.00.

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). 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.