Summit Financial Strategies Inc. grew its position in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR – Free Report) by 6.7% during the 3rd quarter, Holdings Channel reports. The firm owned 257,159 shares of the exchange traded fund’s stock after purchasing an additional 16,148 shares during the period. iShares Core S&P Small-Cap ETF comprises 2.6% of Summit Financial Strategies Inc.’s investment portfolio, making the stock its 12th largest position. Summit Financial Strategies Inc.’s holdings in iShares Core S&P Small-Cap ETF were worth $30,558,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ifrah Financial Services Inc. boosted its position in shares of iShares Core S&P Small-Cap ETF by 6.2% during the 3rd quarter. Ifrah Financial Services Inc. now owns 2,473 shares of the exchange traded fund’s stock valued at $294,000 after purchasing an additional 145 shares in the last quarter. Park Place Capital Corp boosted its holdings in iShares Core S&P Small-Cap ETF by 1.2% during the third quarter. Park Place Capital Corp now owns 28,397 shares of the exchange traded fund’s stock worth $3,374,000 after buying an additional 344 shares in the last quarter. Daymark Wealth Partners LLC boosted its holdings in iShares Core S&P Small-Cap ETF by 19.0% during the third quarter. Daymark Wealth Partners LLC now owns 4,237 shares of the exchange traded fund’s stock worth $503,000 after buying an additional 676 shares in the last quarter. Benchmark Financial Wealth Advisors LLC grew its position in iShares Core S&P Small-Cap ETF by 0.5% in the third quarter. Benchmark Financial Wealth Advisors LLC now owns 74,743 shares of the exchange traded fund’s stock worth $8,882,000 after buying an additional 338 shares during the last quarter. Finally, Endeavor Private Wealth Inc. bought a new position in shares of iShares Core S&P Small-Cap ETF in the third quarter valued at $396,000. 66.92% of the stock is currently owned by institutional investors.
iShares Core S&P Small-Cap ETF Stock Performance
Shares of NYSEARCA:IJR opened at $121.37 on Monday. The company has a market capitalization of $88.90 billion, a PE ratio of 16.52 and a beta of 1.08. The stock has a fifty day moving average of $120.04 and a 200-day moving average of $116.87. iShares Core S&P Small-Cap ETF has a one year low of $89.22 and a one year high of $125.84.
iShares Core S&P Small-Cap ETF Profile
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. The Index serves as the underlying index for the S&P 600/Citigroup Growth and Value Index series. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares.
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