Novak & Powell Financial Services Inc. Has $2.74 Million Stake in iShares Core S&P Mid-Cap ETF $IJH

Novak & Powell Financial Services Inc. increased its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 43.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 42,023 shares of the company’s stock after buying an additional 12,656 shares during the period. iShares Core S&P Mid-Cap ETF accounts for 1.4% of Novak & Powell Financial Services Inc.’s portfolio, making the stock its 17th largest holding. Novak & Powell Financial Services Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $2,742,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bfsg LLC grew its position in iShares Core S&P Mid-Cap ETF by 4.6% in the third quarter. Bfsg LLC now owns 3,492 shares of the company’s stock worth $228,000 after acquiring an additional 155 shares in the last quarter. Seneca House Advisors raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 1.3% during the 3rd quarter. Seneca House Advisors now owns 11,931 shares of the company’s stock valued at $779,000 after purchasing an additional 158 shares in the last quarter. Magnolia Capital Advisors LLC lifted its stake in shares of iShares Core S&P Mid-Cap ETF by 1.0% in the 3rd quarter. Magnolia Capital Advisors LLC now owns 15,433 shares of the company’s stock valued at $1,007,000 after purchasing an additional 158 shares during the last quarter. Whalerock Point Partners LLC boosted its holdings in iShares Core S&P Mid-Cap ETF by 1.7% in the third quarter. Whalerock Point Partners LLC now owns 9,554 shares of the company’s stock worth $623,000 after purchasing an additional 159 shares in the last quarter. Finally, Crews Bank & Trust boosted its holdings in iShares Core S&P Mid-Cap ETF by 1.3% in the third quarter. Crews Bank & Trust now owns 12,802 shares of the company’s stock worth $835,000 after purchasing an additional 160 shares in the last quarter. Institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

NYSEARCA:IJH opened at $67.37 on Tuesday. iShares Core S&P Mid-Cap ETF has a one year low of $50.15 and a one year high of $72.56. The company has a fifty day moving average price of $70.01 and a 200 day moving average price of $67.13. The stock has a market cap of $105.22 billion, a P/E ratio of 19.00 and a beta of 1.07.

iShares Core S&P Mid-Cap ETF Company 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). The Underlying Index measures the performance of the mid-capitalization sector of the United States equity market. The Underlying Index consists of stocks from a range of industries. Components include financial, industrials, and information technology companies.