Boston Research & Management Inc. Raises Position in iShares Core S&P Mid-Cap ETF $IJH

Boston Research & Management Inc. boosted its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 2.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,235 shares of the company’s stock after purchasing an additional 1,436 shares during the period. Boston Research & Management Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $3,115,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in iShares Core S&P Mid-Cap ETF by 4.2% during the 4th quarter. Brighton Jones LLC now owns 77,674 shares of the company’s stock valued at $4,840,000 after acquiring an additional 3,155 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in iShares Core S&P Mid-Cap ETF in the first quarter valued at approximately $317,000. Burney Co. boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 13.1% during the first quarter. Burney Co. now owns 9,495 shares of the company’s stock valued at $554,000 after purchasing an additional 1,103 shares during the period. AE Wealth Management LLC boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 4.4% during the first quarter. AE Wealth Management LLC now owns 58,818 shares of the company’s stock valued at $3,432,000 after purchasing an additional 2,480 shares during the period. Finally, Kovack Advisors Inc. grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 29.4% in the first quarter. Kovack Advisors Inc. now owns 8,874 shares of the company’s stock worth $518,000 after purchasing an additional 2,015 shares during the last quarter. 14.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Stock Up 2.4%

NYSEARCA:IJH opened at $63.76 on Friday. The company has a fifty day moving average of $64.95 and a 200 day moving average of $63.43. iShares Core S&P Mid-Cap ETF has a 52 week low of $50.15 and a 52 week high of $68.33. The firm has a market capitalization of $97.85 billion, a P/E ratio of 19.00 and a beta of 1.07.

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).