Founders Financial Securities LLC Reduces Stake in iShares Core S&P Mid-Cap ETF $IJH

Founders Financial Securities LLC decreased its holdings in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 17.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 63,097 shares of the company’s stock after selling 13,198 shares during the quarter. Founders Financial Securities LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $4,118,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Capital A Wealth Management LLC purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the 2nd quarter worth approximately $25,000. Banque Transatlantique SA acquired a new stake in iShares Core S&P Mid-Cap ETF during the 1st quarter worth $35,000. North Capital Inc. lifted its position in iShares Core S&P Mid-Cap ETF by 133.1% in the third quarter. North Capital Inc. now owns 571 shares of the company’s stock valued at $37,000 after acquiring an additional 326 shares during the last quarter. PMV Capital Advisers LLC acquired a new position in iShares Core S&P Mid-Cap ETF in the second quarter valued at $38,000. Finally, Vermillion Wealth Management Inc. boosted its stake in iShares Core S&P Mid-Cap ETF by 324.2% in the second quarter. Vermillion Wealth Management Inc. now owns 649 shares of the company’s stock valued at $40,000 after acquiring an additional 496 shares in the last quarter. 14.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Stock Performance

IJH opened at $67.22 on Wednesday. iShares Core S&P Mid-Cap ETF has a one year low of $50.15 and a one year high of $68.22. The stock has a market capitalization of $103.16 billion, a P/E ratio of 19.00 and a beta of 1.07. The business’s 50-day simple moving average is $65.45 and its 200-day simple moving average is $64.39.

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.