Coordinated Financial Services Inc. Makes New $1.50 Million Investment in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Coordinated Financial Services Inc. purchased a new stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 24,090 shares of the company’s stock, valued at approximately $1,501,000. iShares Core S&P Mid-Cap ETF comprises approximately 1.2% of Coordinated Financial Services Inc.’s holdings, making the stock its 20th biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its stake in iShares Core S&P Mid-Cap ETF by 7.8% during the 4th quarter. Bank of New York Mellon Corp now owns 51,986,835 shares of the company’s stock valued at $3,239,300,000 after purchasing an additional 3,773,422 shares during the last quarter. FMR LLC raised its stake in shares of iShares Core S&P Mid-Cap ETF by 16.2% in the third quarter. FMR LLC now owns 41,350,772 shares of the company’s stock worth $2,576,980,000 after purchasing an additional 5,776,791 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares Core S&P Mid-Cap ETF by 2.8% during the third quarter. LPL Financial LLC now owns 41,176,915 shares of the company’s stock valued at $2,566,145,000 after purchasing an additional 1,114,290 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter valued at $2,218,143,000. Finally, PNC Financial Services Group Inc. increased its holdings in iShares Core S&P Mid-Cap ETF by 0.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 16,591,359 shares of the company’s stock worth $1,033,808,000 after buying an additional 56,800 shares in the last quarter.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IJH opened at $59.74 on Friday. The firm has a market cap of $91.40 billion, a price-to-earnings ratio of 18.98 and a beta of 1.14. The business has a 50-day simple moving average of $63.24 and a two-hundred day simple moving average of $63.25. iShares Core S&P Mid-Cap ETF has a fifty-two week low of $56.01 and a fifty-two week high of $68.33.

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).