Exchange Capital Management Inc. Sells 2,795 Shares of iShares Core S&P Small-Cap ETF $IJR

Exchange Capital Management Inc. lowered its stake in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 3.1% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 88,647 shares of the exchange traded fund’s stock after selling 2,795 shares during the quarter. iShares Core S&P Small-Cap ETF accounts for 1.4% of Exchange Capital Management Inc.’s portfolio, making the stock its 18th biggest position. Exchange Capital Management Inc.’s holdings in iShares Core S&P Small-Cap ETF were worth $9,688,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Core S&P Small-Cap ETF by 2.4% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 39,050,599 shares of the exchange traded fund’s stock worth $4,083,521,000 after buying an additional 923,688 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in iShares Core S&P Small-Cap ETF during the second quarter worth $2,049,784,000. LPL Financial LLC grew its stake in iShares Core S&P Small-Cap ETF by 1.6% in the 1st quarter. LPL Financial LLC now owns 15,897,788 shares of the exchange traded fund’s stock valued at $1,662,432,000 after purchasing an additional 251,169 shares during the period. Northern Trust Corp increased its position in shares of iShares Core S&P Small-Cap ETF by 3.1% during the 1st quarter. Northern Trust Corp now owns 9,633,447 shares of the exchange traded fund’s stock valued at $1,007,370,000 after purchasing an additional 288,514 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of iShares Core S&P Small-Cap ETF by 3.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,253,027 shares of the exchange traded fund’s stock worth $967,589,000 after purchasing an additional 347,117 shares during the period. 66.92% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P Small-Cap ETF Stock Performance

Shares of IJR stock opened at $119.54 on Friday. iShares Core S&P Small-Cap ETF has a 52 week low of $89.22 and a 52 week high of $128.61. The firm’s 50-day simple moving average is $116.13 and its two-hundred day simple moving average is $108.93. The firm has a market cap of $86.37 billion, a price-to-earnings ratio of 16.52 and a beta of 1.15.

About iShares Core S&P Small-Cap ETF

iShares Core S&P Small-Cap ETF, formerly iShares S&P SmallCap 600 Index Fund, seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s SmallCap 600 Index (the Index). The Index measures the performance of publicly traded securities in the small-capitalization sector of the United States equity market.