Independent Financial Group LLC Acquires Shares of 260,956 iShares Core S&P Mid-Cap ETF $IJH

Independent Financial Group LLC purchased a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 260,956 shares of the company’s stock, valued at approximately $17,622,000. iShares Core S&P Mid-Cap ETF accounts for approximately 0.5% of Independent Financial Group LLC’s portfolio, making the stock its 27th biggest position.

A number of other large investors have also modified their holdings of the company. Bank of New York Mellon Corp boosted its position in iShares Core S&P Mid-Cap ETF by 5.4% during the fourth quarter. Bank of New York Mellon Corp now owns 58,545,723 shares of the company’s stock worth $3,864,018,000 after purchasing an additional 2,998,287 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Core S&P Mid-Cap ETF by 2.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 122,648,738 shares of the company’s stock valued at $8,004,057,000 after purchasing an additional 2,757,510 shares in the last quarter. Fifth Third Bancorp lifted its stake in shares of iShares Core S&P Mid-Cap ETF by 58.2% in the first quarter. Fifth Third Bancorp now owns 7,404,697 shares of the company’s stock worth $500,039,000 after buying an additional 2,724,330 shares in the last quarter. Valpey Financial Services LLC boosted its holdings in shares of iShares Core S&P Mid-Cap ETF by 6,393.9% during the 4th quarter. Valpey Financial Services LLC now owns 1,698,870 shares of the company’s stock worth $112,125,000 after purchasing an additional 1,672,709 shares during the last quarter. Finally, Bridges Investment Management Inc. boosted its stake in iShares Core S&P Mid-Cap ETF by 35.4% during the fourth quarter. Bridges Investment Management Inc. now owns 6,015,226 shares of the company’s stock worth $397,005,000 after buying an additional 1,572,184 shares during the last quarter. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Up 0.5%

Shares of IJH stock opened at $75.99 on Friday. The stock has a market cap of $122.92 billion, a price-to-earnings ratio of 19.00 and a beta of 1.00. The company’s 50-day moving average price is $74.87 and its 200-day moving average price is $71.61. iShares Core S&P Mid-Cap ETF has a twelve month low of $61.29 and a twelve month high of $77.28.

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.