Summit Investment Advisors Inc. Raises Holdings in iShares Core S&P Mid-Cap ETF $IJH

Summit Investment Advisors Inc. lifted its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 7.8% during the first quarter, Holdings Channel reports. The institutional investor owned 214,529 shares of the company’s stock after purchasing an additional 15,582 shares during the quarter. iShares Core S&P Mid-Cap ETF comprises 10.3% of Summit Investment Advisors Inc.’s investment portfolio, making the stock its 29th biggest holding. Summit Investment Advisors Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $12,518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently bought and sold shares of IJH. Garrison Point Advisors LLC boosted its position in shares of iShares Core S&P Mid-Cap ETF by 1.4% during the 2nd quarter. Garrison Point Advisors LLC now owns 17,360 shares of the company’s stock worth $1,077,000 after purchasing an additional 235 shares in the last quarter. Rovin Capital UT ADV purchased a new stake in iShares Core S&P Mid-Cap ETF during the second quarter worth about $773,000. Vestmark Advisory Solutions Inc. grew its position in iShares Core S&P Mid-Cap ETF by 859.4% during the second quarter. Vestmark Advisory Solutions Inc. now owns 333,349 shares of the company’s stock worth $20,674,000 after buying an additional 298,605 shares during the period. Grey Fox Wealth Advisors LLC lifted its position in shares of iShares Core S&P Mid-Cap ETF by 12.2% during the 2nd quarter. Grey Fox Wealth Advisors LLC now owns 63,927 shares of the company’s stock valued at $3,965,000 after acquiring an additional 6,970 shares during the period. Finally, Reston Wealth Management LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the 2nd quarter worth approximately $208,000. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of IJH stock opened at $64.93 on Friday. The stock has a fifty day moving average price of $65.26 and a 200 day moving average price of $62.89. The stock has a market cap of $99.64 billion, a PE ratio of 19.00 and a beta of 1.07. iShares Core S&P Mid-Cap ETF has a 1 year low of $50.15 and a 1 year high of $68.33.

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).