Madrid Financial Services Makes New $7.83 Million Investment in iShares Core S&P Mid-Cap ETF $IJH

Madrid Financial Services bought a new position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 108,837 shares of the company’s stock, valued at approximately $7,831,000. iShares Core S&P Mid-Cap ETF makes up about 4.6% of Madrid Financial Services’ portfolio, making the stock its 13th biggest position.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Tompkins Financial Corp purchased a new stake in shares of iShares Core S&P Mid-Cap ETF in the third quarter valued at about $10,967,000. Bryant Woods Investment Advisors LLC boosted its holdings in iShares Core S&P Mid-Cap ETF by 12.4% during the third quarter. Bryant Woods Investment Advisors LLC now owns 460,750 shares of the company’s stock worth $33,151,000 after purchasing an additional 50,940 shares during the last quarter. Baker Tilly Wealth Management LLC boosted its holdings in iShares Core S&P Mid-Cap ETF by 37.7% during the third quarter. Baker Tilly Wealth Management LLC now owns 198,726 shares of the company’s stock worth $14,298,000 after purchasing an additional 54,367 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC bought a new stake in iShares Core S&P Mid-Cap ETF in the 3rd quarter worth about $12,517,000. Finally, NewEdge Advisors LLC grew its position in iShares Core S&P Mid-Cap ETF by 4.3% in the 2nd quarter. NewEdge Advisors LLC now owns 479,069 shares of the company’s stock worth $36,941,000 after purchasing an additional 19,603 shares in the last quarter. 14.60% of the stock is owned by institutional investors.

iShares Core S&P Mid-Cap ETF Stock Performance

NYSEARCA:IJH opened at $72.11 on Friday. The firm has a market cap of $121.28 billion, a price-to-earnings ratio of 19.00 and a beta of 1.01. iShares Core S&P Mid-Cap ETF has a 52 week low of $62.22 and a 52 week high of $78.71. The firm has a 50-day moving average price of $73.47 and a two-hundred day moving average price of $73.06.

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.