Cim Investment Management Inc. Trims Position in iShares Core S&P Small-Cap ETF $IJR

Cim Investment Management Inc. reduced its stake in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 5.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,337 shares of the exchange traded fund’s stock after selling 6,052 shares during the period. iShares Core S&P Small-Cap ETF comprises approximately 3.4% of Cim Investment Management Inc.’s holdings, making the stock its 5th biggest position. Cim Investment Management Inc.’s holdings in iShares Core S&P Small-Cap ETF were worth $14,584,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its stake in iShares Core S&P Small-Cap ETF by 2.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 44,570,998 shares of the exchange traded fund’s stock valued at $6,610,325,000 after buying an additional 1,132,592 shares in the last quarter. Bank of America Corp DE grew its position in shares of iShares Core S&P Small-Cap ETF by 0.6% in the 1st quarter. Bank of America Corp DE now owns 33,815,305 shares of the exchange traded fund’s stock worth $4,203,581,000 after acquiring an additional 209,882 shares in the last quarter. LPL Financial LLC grew its position in shares of iShares Core S&P Small-Cap ETF by 6.0% in the 4th quarter. LPL Financial LLC now owns 17,525,618 shares of the exchange traded fund’s stock worth $2,106,229,000 after acquiring an additional 992,984 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of iShares Core S&P Small-Cap ETF by 1.5% in the 1st quarter. Royal Bank of Canada now owns 7,399,368 shares of the exchange traded fund’s stock valued at $919,815,000 after acquiring an additional 112,788 shares during the last quarter. Finally, Baird Financial Group Inc. increased its holdings in shares of iShares Core S&P Small-Cap ETF by 2.2% in the 2nd quarter. Baird Financial Group Inc. now owns 6,603,976 shares of the exchange traded fund’s stock valued at $979,436,000 after acquiring an additional 139,898 shares during the last quarter. Institutional investors own 66.92% of the company’s stock.

iShares Core S&P Small-Cap ETF Price Performance

Shares of IJR stock traded down $0.46 on Tuesday, hitting $136.91. 5,242,919 shares of the stock traded hands, compared to its average volume of 4,700,308. The company has a market capitalization of $103.51 billion, a PE ratio of 16.52 and a beta of 1.01. iShares Core S&P Small-Cap ETF has a 1-year low of $112.00 and a 1-year high of $150.69. The company’s fifty day moving average is $144.76 and its 200 day moving average is $139.19.

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. 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.