Everpar Advisors LLC has expanded its investment in the iShares Core S&P Mid-Cap ETF (NYSEARCA: IJH) by 15.9% during the third quarter of 2023, as detailed in the firm’s recent Form 13F filing with the U.S. Securities and Exchange Commission. The company’s holdings in the ETF now consist of 60,428 shares, following the acquisition of an additional 8,295 shares during the quarter. This investment represents approximately 1.6% of Everpar Advisors’ overall portfolio, positioning the ETF as its 13th largest holding, valued at $3,944,000 at the end of the quarter.
Other institutional investors have also adjusted their positions in the iShares Core S&P Mid-Cap ETF. Notably, Seneca House Advisors increased its stake by 1.3%, now owning 11,931 shares worth $779,000 after purchasing an additional 158 shares. Meanwhile, Next Level Private LLC raised its position by 1.2% during the second quarter, bringing its total to 13,725 shares, valued at $851,000 following a recent acquisition of 160 shares.
Freestone Capital Holdings LLC also reported a 1.1% increase in its holdings during the second quarter, now owning 14,950 shares worth $927,000 after acquiring 160 shares. Additionally, Mitchell Mcleod Pugh & Williams Inc. grew its investment by 2.9%, with 5,890 shares now valued at $365,000 after adding 165 shares to its portfolio. John W. Brooker & Co. CPAs increased its position by 3.5% during the third quarter, holding 4,836 shares valued at $316,000.
Overall, hedge funds and institutional investors collectively own 14.60% of the iShares Core S&P Mid-Cap ETF.
Performance of iShares Core S&P Mid-Cap ETF
As of the latest trading session, shares of the iShares Core S&P Mid-Cap ETF opened at $67.33. The ETF has experienced a range over the past year, with a low of $50.15 and a high of $68.22. The fund boasts a market capitalization of $103.32 billion, a price-to-earnings ratio of 19.00, and a beta of 1.07. Its 50-day simple moving average stands at $65.61, while the 200-day simple moving average is at $64.49.
About iShares Core S&P Mid-Cap ETF
The iShares Core S&P Mid-Cap ETF aims to mirror the price and yield performance of the Standard & Poor’s MidCap 400 Index, which tracks the mid-cap segment of the United States equity market. This index includes stocks from various industries, including financials, industrials, and information technology, reflecting a diverse mix of mid-capitalization companies.
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