Destination Wealth Management Has $101 Million Position in iShares Core S&P Small-Cap ETF $IJR

Destination Wealth Management boosted its position in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 0.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 840,394 shares of the exchange traded fund’s stock after buying an additional 3,689 shares during the period. iShares Core S&P Small-Cap ETF makes up approximately 2.6% of Destination Wealth Management’s portfolio, making the stock its 3rd biggest position. Destination Wealth Management owned approximately 0.11% of iShares Core S&P Small-Cap ETF worth $100,998,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IJR. Brighton Jones LLC increased its holdings in iShares Core S&P Small-Cap ETF by 24.3% during the 4th quarter. Brighton Jones LLC now owns 29,944 shares of the exchange traded fund’s stock worth $3,450,000 after purchasing an additional 5,853 shares in the last quarter. Heck Capital Advisors LLC bought a new position in shares of iShares Core S&P Small-Cap ETF in the fourth quarter valued at approximately $55,011,000. AQR Capital Management LLC grew its holdings in shares of iShares Core S&P Small-Cap ETF by 80.7% in the first quarter. AQR Capital Management LLC now owns 17,964 shares of the exchange traded fund’s stock valued at $1,878,000 after acquiring an additional 8,025 shares in the last quarter. Millennium Management LLC bought a new position in shares of iShares Core S&P Small-Cap ETF in the first quarter valued at approximately $5,503,000. Finally, United Bank grew its holdings in shares of iShares Core S&P Small-Cap ETF by 4.8% in the second quarter. United Bank now owns 32,876 shares of the exchange traded fund’s stock valued at $3,593,000 after acquiring an additional 1,495 shares in the last quarter. 66.92% of the stock is owned by institutional investors.

iShares Core S&P Small-Cap ETF Stock Up 1.0%

IJR stock opened at $143.67 on Friday. iShares Core S&P Small-Cap ETF has a 12-month low of $105.15 and a 12-month high of $144.68. The business has a 50 day moving average of $135.66 and a 200-day moving average of $129.03. The firm has a market cap of $107.27 billion, a PE ratio of 16.52 and a beta of 1.02.

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.