Founders Financial Securities LLC Sells 12,969 Shares of iShares Core S&P Mid-Cap ETF $IJH

Founders Financial Securities LLC lessened its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 16.4% in the 1st quarter, Holdings Channel reports. The firm owned 65,994 shares of the company’s stock after selling 12,969 shares during the quarter. Founders Financial Securities LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $4,664,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Networth Advisors LLC acquired a new position in iShares Core S&P Mid-Cap ETF during the fourth quarter worth $28,000. Maryland Capital Advisors Inc. lifted its position in shares of iShares Core S&P Mid-Cap ETF by 240.7% in the fourth quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock worth $36,000 after buying an additional 390 shares during the last quarter. Timmons Wealth Management LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter worth about $37,000. Garner Asset Management Corp bought a new stake in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter worth about $39,000. Finally, Garton & Associates Financial Advisors LLC bought a new stake in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter worth about $40,000. Institutional investors and hedge funds own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of NYSEARCA IJH opened at $75.78 on Friday. The firm has a market cap of $120.33 billion, a price-to-earnings ratio of 19.00 and a beta of 1.01. The business’s 50-day simple moving average is $73.52 and its 200-day simple moving average is $70.36. iShares Core S&P Mid-Cap ETF has a 52 week low of $59.84 and a 52 week high of $77.01.

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.