Professional Advisory Services Inc. Invests $19.65 Million in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Professional Advisory Services Inc. purchased a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 315,275 shares of the company’s stock, valued at approximately $19,645,000. iShares Core S&P Mid-Cap ETF makes up 2.7% of Professional Advisory Services Inc.’s holdings, making the stock its 22nd biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL acquired a new position in iShares Core S&P Mid-Cap ETF during the second quarter worth $34,000. Darwin Wealth Management LLC bought a new stake in shares of iShares Core S&P Mid-Cap ETF during the 3rd quarter worth about $35,000. Davis Capital Management boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 69.7% during the 3rd quarter. Davis Capital Management now owns 789 shares of the company’s stock worth $49,000 after acquiring an additional 324 shares in the last quarter. Pin Oak Investment Advisors Inc. increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 134.5% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 809 shares of the company’s stock valued at $50,000 after acquiring an additional 464 shares during the last quarter. Finally, FSA Wealth Management LLC bought a new position in shares of iShares Core S&P Mid-Cap ETF in the 3rd quarter valued at approximately $58,000.

iShares Core S&P Mid-Cap ETF Stock Performance

IJH opened at $64.70 on Friday. iShares Core S&P Mid-Cap ETF has a twelve month low of $53.56 and a twelve month high of $68.33. The business has a 50 day moving average price of $64.61 and a 200 day moving average price of $62.28. The firm has a market cap of $90.58 billion, a P/E ratio of 3.28 and a beta of 1.09.

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).