Kovack Advisors Inc. Invests $264,000 in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

Kovack Advisors Inc. purchased a new stake in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 4,234 shares of the company’s stock, valued at approximately $264,000.

Several other hedge funds have also bought and sold shares of the business. Affinity Capital Advisors LLC grew its stake in shares of iShares Core S&P Mid-Cap ETF by 8.8% in the third quarter. Affinity Capital Advisors LLC now owns 111,692 shares of the company’s stock worth $6,961,000 after acquiring an additional 9,012 shares during the last quarter. POM Investment Strategies LLC bought a new stake in iShares Core S&P Mid-Cap ETF during the 2nd quarter valued at about $6,213,000. Clearbridge Investments LLC raised its holdings in iShares Core S&P Mid-Cap ETF by 443.3% in the first quarter. Clearbridge Investments LLC now owns 10,915 shares of the company’s stock worth $663,000 after buying an additional 8,906 shares during the last quarter. SPC Financial Inc. lifted its stake in shares of iShares Core S&P Mid-Cap ETF by 9.1% in the second quarter. SPC Financial Inc. now owns 117,516 shares of the company’s stock worth $6,877,000 after buying an additional 9,798 shares in the last quarter. Finally, Ausdal Financial Partners Inc. grew its holdings in shares of iShares Core S&P Mid-Cap ETF by 138.8% during the second quarter. Ausdal Financial Partners Inc. now owns 24,605 shares of the company’s stock valued at $1,440,000 after buying an additional 14,302 shares during the last quarter.

iShares Core S&P Mid-Cap ETF Stock Down 1.1 %

Shares of IJH opened at $64.17 on Friday. The company has a market capitalization of $89.84 billion, a P/E ratio of 3.28 and a beta of 1.09. iShares Core S&P Mid-Cap ETF has a twelve month low of $50.07 and a twelve month high of $66.75. The firm has a 50 day moving average of $62.53 and a 200 day moving average of $60.55.

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).