Novare Capital Management LLC Takes Position in iShares Core S&P Small-Cap ETF $IJR

Novare Capital Management LLC purchased a new position in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) in the first quarter, Holdings Channel.com reports. The fund purchased 15,968 shares of the exchange traded fund’s stock, valued at approximately $1,985,000.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE increased its stake in iShares Core S&P Small-Cap ETF by 6.0% during the fourth quarter. Bank of America Corp DE now owns 33,605,423 shares of the exchange traded fund’s stock worth $4,038,700,000 after acquiring an additional 1,901,134 shares during the last quarter. Northwestern Mutual Investment Management Company LLC lifted its stake in shares of iShares Core S&P Small-Cap ETF by 35.0% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 6,236,257 shares of the exchange traded fund’s stock valued at $749,473,000 after purchasing an additional 1,617,116 shares during the last quarter. Valpey Financial Services LLC lifted its stake in shares of iShares Core S&P Small-Cap ETF by 12,132.4% in the 4th quarter. Valpey Financial Services LLC now owns 1,405,019 shares of the exchange traded fund’s stock valued at $168,855,000 after purchasing an additional 1,393,533 shares during the last quarter. Nationwide Fund Advisors grew its holdings in shares of iShares Core S&P Small-Cap ETF by 98.8% during the 4th quarter. Nationwide Fund Advisors now owns 2,103,860 shares of the exchange traded fund’s stock worth $252,842,000 after purchasing an additional 1,045,425 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Core S&P Small-Cap ETF by 2.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 42,327,458 shares of the exchange traded fund’s stock worth $5,029,772,000 after purchasing an additional 1,024,536 shares during the period. Hedge funds and other institutional investors own 66.92% of the company’s stock.

iShares Core S&P Small-Cap ETF Trading Up 0.0%

Shares of NYSEARCA:IJR opened at $143.26 on Tuesday. The business has a 50-day moving average price of $137.51 and a 200 day moving average price of $130.05. The company has a market capitalization of $106.97 billion, a price-to-earnings ratio of 16.52 and a beta of 1.02. iShares Core S&P Small-Cap ETF has a 12-month low of $105.15 and a 12-month high of $145.06.

iShares Core S&P Small-Cap ETF Company 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.