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

Founders Financial Securities LLC increased its holdings in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 25.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 78,963 shares of the company’s stock after purchasing an additional 15,866 shares during the quarter. Founders Financial Securities LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $5,212,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Coyle Financial Counsel LLC increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 33.6% in the third quarter. Coyle Financial Counsel LLC now owns 290,109 shares of the company’s stock valued at $18,932,000 after purchasing an additional 72,902 shares during the period. Bright Futures Wealth Management LLC. acquired a new position in shares of iShares Core S&P Mid-Cap ETF in the third quarter valued at approximately $1,231,000. Drake & Associates LLC increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 14.2% in the third quarter. Drake & Associates LLC now owns 427,500 shares of the company’s stock valued at $27,693,000 after purchasing an additional 53,310 shares during the period. 1ST Source Bank increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 28.7% in the third quarter. 1ST Source Bank now owns 380,722 shares of the company’s stock valued at $24,846,000 after purchasing an additional 84,803 shares during the period. Finally, Artemis Wealth Advisors LLC increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 50.3% in the third quarter. Artemis Wealth Advisors LLC now owns 46,740 shares of the company’s stock valued at $3,050,000 after purchasing an additional 15,650 shares during the period. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Trading Up 0.2%

NYSEARCA:IJH opened at $74.60 on Friday. The firm has a market cap of $118.46 billion, a P/E ratio of 19.00 and a beta of 1.02. The stock’s 50 day simple moving average is $71.27 and its 200-day simple moving average is $69.25. iShares Core S&P Mid-Cap ETF has a 12-month low of $59.14 and a 12-month high of $75.15.

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.