Founders Grove Wealth Partners LLC Makes New Investment in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Founders Grove Wealth Partners LLC bought a new position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 83,447 shares of the company’s stock, valued at approximately $5,200,000. iShares Core S&P Mid-Cap ETF accounts for 1.5% of Founders Grove Wealth Partners LLC’s investment portfolio, making the stock its 23rd largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James & Associates boosted its position in shares of iShares Core S&P Mid-Cap ETF by 45.7% during the third quarter. Raymond James & Associates now owns 27,500,341 shares of the company’s stock worth $1,713,821,000 after buying an additional 8,628,060 shares during the period. FMR LLC lifted its stake in iShares Core S&P Mid-Cap ETF by 16.2% in the 3rd quarter. FMR LLC now owns 41,350,772 shares of the company’s stock valued at $2,576,980,000 after acquiring an additional 5,776,791 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of 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 worth $5,880,889,000 after acquiring an additional 3,196,592 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 5,654.2% in the third quarter. International Assets Investment Management LLC now owns 1,730,105 shares of the company’s stock valued at $107,820,000 after purchasing an additional 1,700,038 shares during the last quarter. Finally, Bridges Investment Management Inc. lifted its position in shares of iShares Core S&P Mid-Cap ETF by 60.4% in the second quarter. Bridges Investment Management Inc. now owns 4,024,389 shares of the company’s stock worth $235,507,000 after purchasing an additional 1,515,476 shares in the last quarter.

iShares Core S&P Mid-Cap ETF Trading Up 1.2 %

Shares of IJH opened at $63.10 on Wednesday. iShares Core S&P Mid-Cap ETF has a 12 month low of $53.30 and a 12 month high of $68.33. The firm has a fifty day simple moving average of $64.67 and a 200 day simple moving average of $62.26. The stock has a market capitalization of $88.34 billion, a price-to-earnings ratio of 3.28 and a beta of 1.09.

iShares Core S&P Mid-Cap ETF Profile

(Free Report)

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).

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