iShares Core S&P Mid-Cap ETF $IJH Shares Purchased by Summit Financial Strategies Inc.

Summit Financial Strategies Inc. boosted its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 7.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,044,165 shares of the company’s stock after buying an additional 71,949 shares during the period. iShares Core S&P Mid-Cap ETF accounts for approximately 5.7% of Summit Financial Strategies Inc.’s portfolio, making the stock its 6th biggest holding. Summit Financial Strategies Inc. owned about 0.06% of iShares Core S&P Mid-Cap ETF worth $80,516,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of IJH. Integrated Wealth Concepts LLC grew its position in shares of iShares Core S&P Mid-Cap ETF by 15.5% during the second quarter. Integrated Wealth Concepts LLC now owns 603,088 shares of the company’s stock worth $46,504,000 after acquiring an additional 80,785 shares during the last quarter. Community Bank N.A. grew its position in iShares Core S&P Mid-Cap ETF by 12.2% during the 2nd quarter. Community Bank N.A. now owns 225,339 shares of the company’s stock worth $17,376,000 after purchasing an additional 24,430 shares during the last quarter. NewEdge Advisors LLC increased its stake in iShares Core S&P Mid-Cap ETF by 4.3% in the second quarter. NewEdge Advisors LLC now owns 479,069 shares of the company’s stock valued at $36,941,000 after purchasing an additional 19,603 shares during the period. Pointe Capital Management LLC raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 7.3% in the second quarter. Pointe Capital Management LLC now owns 24,617 shares of the company’s stock valued at $1,898,000 after buying an additional 1,670 shares during the last quarter. Finally, Squarepoint Ops LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF during the second quarter worth about $1,404,000. 14.60% of the stock is owned by institutional investors and hedge funds.

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

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

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.