Valmark Advisers Inc. Sells 10,736 Shares of iShares Core S&P Small-Cap ETF $IJR

Valmark Advisers Inc. decreased its stake in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 3.7% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 277,426 shares of the exchange traded fund’s stock after selling 10,736 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares Core S&P Small-Cap ETF were worth $34,487,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Nvwm LLC purchased a new stake in iShares Core S&P Small-Cap ETF during the 4th quarter valued at $25,000. Bank & Trust Co purchased a new position in iShares Core S&P Small-Cap ETF during the fourth quarter worth $30,000. Networth Advisors LLC bought a new position in iShares Core S&P Small-Cap ETF during the fourth quarter valued at $40,000. DecisionPoint Financial LLC increased its position in iShares Core S&P Small-Cap ETF by 61.7% during the fourth quarter. DecisionPoint Financial LLC now owns 346 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 132 shares during the last quarter. Finally, Richardson Financial Services Inc. purchased a new stake in shares of iShares Core S&P Small-Cap ETF in the fourth quarter valued at $42,000. Hedge funds and other institutional investors own 66.92% of the company’s stock.

iShares Core S&P Small-Cap ETF Price Performance

Shares of IJR traded up $0.09 during midday trading on Friday, hitting $145.56. The stock had a trading volume of 2,329,584 shares, compared to its average volume of 5,445,955. The stock’s 50 day moving average is $140.78 and its 200 day moving average is $132.29. The firm has a market cap of $109.42 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 $107.08 and a 1 year high of $149.35.

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.