Foundations Investment Advisors LLC Reduces Stock Position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Foundations Investment Advisors LLC cut its holdings in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 35.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 24,084 shares of the company’s stock after selling 13,066 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares Core S&P Mid-Cap ETF were worth $1,405,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of IJH. Bank of New York Mellon Corp increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 14.3% in the 1st quarter. Bank of New York Mellon Corp now owns 59,401,100 shares of the company’s stock valued at $3,466,054,000 after acquiring an additional 7,414,265 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 19.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 34,056,217 shares of the company’s stock valued at $1,987,180,000 after acquiring an additional 5,645,200 shares during the last quarter. FMR LLC increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 10.6% in the 4th quarter. FMR LLC now owns 45,753,482 shares of the company’s stock valued at $2,850,899,000 after acquiring an additional 4,402,710 shares during the last quarter. First Command Advisory Services Inc. increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 39.7% in the 1st quarter. First Command Advisory Services Inc. now owns 15,161,869 shares of the company’s stock valued at $932,382,000 after acquiring an additional 4,306,550 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 19.6% in the 4th quarter. Royal Bank of Canada now owns 25,727,192 shares of the company’s stock valued at $1,603,063,000 after acquiring an additional 4,222,994 shares during the last quarter. 14.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Trading Down 0.1%

Shares of NYSEARCA IJH opened at $64.15 on Wednesday. iShares Core S&P Mid-Cap ETF has a twelve month low of $50.15 and a twelve month high of $68.33. The company has a market capitalization of $98.34 billion, a price-to-earnings ratio of 19.00 and a beta of 1.12. The business has a 50 day simple moving average of $61.90 and a 200-day simple moving average of $60.67.

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).