Sowell Financial Services LLC Cuts Position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Sowell Financial Services LLC lessened its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 34.4% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 63,449 shares of the company’s stock after selling 33,304 shares during the period. Sowell Financial Services LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $3,953,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bank of New York Mellon Corp boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 7.8% in the 4th quarter. Bank of New York Mellon Corp now owns 51,986,835 shares of the company’s stock worth $3,239,300,000 after buying an additional 3,773,422 shares during the last quarter. FMR LLC boosted its stake in shares of iShares Core S&P Mid-Cap ETF by 16.2% in the 3rd quarter. FMR LLC now owns 41,350,772 shares of the company’s stock worth $2,576,980,000 after buying an additional 5,776,791 shares during the last quarter. LPL Financial LLC raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 2.8% in the 3rd quarter. LPL Financial LLC now owns 41,176,915 shares of the company’s stock worth $2,566,145,000 after purchasing an additional 1,114,290 shares during the period. Raymond James Financial Inc. bought a new stake in shares of iShares Core S&P Mid-Cap ETF in the 4th quarter worth approximately $2,218,143,000. Finally, PNC Financial Services Group Inc. raised its holdings in shares of 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 purchasing an additional 56,800 shares during the period.

iShares Core S&P Mid-Cap ETF Trading Up 0.6 %

NYSEARCA:IJH opened at $59.74 on Friday. The stock has a market capitalization of $91.40 billion, a PE ratio of 18.98 and a beta of 1.14. The firm’s 50 day moving average is $63.24 and its 200 day moving average is $63.25. iShares Core S&P Mid-Cap ETF has a 12 month low of $56.01 and a 12 month 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).