Novak & Powell Financial Services Inc. Has $2.41 Million Stock Holdings in iShares Core S&P Small-Cap ETF $IJR

Novak & Powell Financial Services Inc. increased its stake in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 37.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,311 shares of the exchange traded fund’s stock after purchasing an additional 5,586 shares during the period. iShares Core S&P Small-Cap ETF makes up approximately 1.3% of Novak & Powell Financial Services Inc.’s investment portfolio, making the stock its 19th largest holding. Novak & Powell Financial Services Inc.’s holdings in iShares Core S&P Small-Cap ETF were worth $2,414,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Obermeyer Wealth Partners grew its position in shares of iShares Core S&P Small-Cap ETF by 0.5% during the 3rd quarter. Obermeyer Wealth Partners now owns 17,999 shares of the exchange traded fund’s stock worth $2,139,000 after buying an additional 83 shares during the period. Spirepoint Private Client LLC boosted its stake in iShares Core S&P Small-Cap ETF by 0.8% during the 3rd quarter. Spirepoint Private Client LLC now owns 11,365 shares of the exchange traded fund’s stock worth $1,351,000 after acquiring an additional 85 shares during the last quarter. Conquis Financial LLC grew its holdings in iShares Core S&P Small-Cap ETF by 0.3% during the third quarter. Conquis Financial LLC now owns 34,994 shares of the exchange traded fund’s stock valued at $4,158,000 after purchasing an additional 91 shares during the period. RiverGlades Family Offices LLC grew its holdings in iShares Core S&P Small-Cap ETF by 0.5% during the third quarter. RiverGlades Family Offices LLC now owns 19,524 shares of the exchange traded fund’s stock valued at $2,320,000 after purchasing an additional 91 shares during the period. Finally, Evanson Asset Management LLC increased its stake in iShares Core S&P Small-Cap ETF by 0.5% in the third quarter. Evanson Asset Management LLC now owns 20,280 shares of the exchange traded fund’s stock valued at $2,410,000 after purchasing an additional 94 shares in the last quarter. Institutional investors own 66.92% of the company’s stock.

iShares Core S&P Small-Cap ETF Stock Performance

IJR opened at $122.95 on Tuesday. The firm’s fifty day moving average is $128.26 and its two-hundred day moving average is $122.54. The firm has a market cap of $90.41 billion, a PE ratio of 16.52 and a beta of 1.08. iShares Core S&P Small-Cap ETF has a twelve month low of $89.22 and a twelve month high of $133.52.

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.