Summit Investment Advisory Services LLC Acquires New Position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Summit Investment Advisory Services LLC acquired a new stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 43,417 shares of the company’s stock, valued at approximately $2,706,000. iShares Core S&P Mid-Cap ETF comprises about 1.4% of Summit Investment Advisory Services LLC’s holdings, making the stock its 12th largest holding.

A number of other institutional investors have also modified their holdings of IJH. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Core S&P Mid-Cap ETF by 3.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 100,490,787 shares of the company’s stock valued at $5,880,889,000 after purchasing an additional 3,196,592 shares during the period. LPL Financial LLC boosted its stake in iShares Core S&P Mid-Cap ETF by 4.0% during the 2nd quarter. LPL Financial LLC now owns 40,062,625 shares of the company’s stock valued at $2,344,465,000 after purchasing an additional 1,523,264 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of iShares Core S&P Mid-Cap ETF by 407.0% in the 1st quarter. JPMorgan Chase & Co. now owns 38,027,122 shares of the company’s stock worth $2,309,767,000 after acquiring an additional 30,526,866 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of iShares Core S&P Mid-Cap ETF by 83.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 24,275,880 shares of the company’s stock worth $1,420,625,000 after acquiring an additional 11,011,385 shares during the period. Finally, Raymond James & Associates lifted its stake in shares of iShares Core S&P Mid-Cap ETF by 1.2% in the 2nd quarter. Raymond James & Associates now owns 18,872,281 shares of the company’s stock worth $1,104,406,000 after acquiring an additional 216,899 shares during the period.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IJH traded down $0.05 during trading on Thursday, reaching $63.76. The company had a trading volume of 1,219,814 shares, compared to its average volume of 7,010,936. The firm’s fifty day moving average is $61.15 and its 200 day moving average is $59.78. The firm has a market capitalization of $89.26 billion, a PE ratio of 3.28 and a beta of 1.09. iShares Core S&P Mid-Cap ETF has a twelve month low of $46.30 and a twelve month high of $64.08.

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).