Summit Financial Wealth Advisors LLC Sells 5,363 Shares of iShares Core S&P Small-Cap ETF $IJR

Summit Financial Wealth Advisors LLC lowered its position in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 3.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 137,566 shares of the exchange traded fund’s stock after selling 5,363 shares during the quarter. iShares Core S&P Small-Cap ETF makes up approximately 2.4% of Summit Financial Wealth Advisors LLC’s portfolio, making the stock its 10th biggest position. Summit Financial Wealth Advisors LLC’s holdings in iShares Core S&P Small-Cap ETF were worth $17,101,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IJR. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Core S&P Small-Cap ETF by 0.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 42,562,587 shares of the exchange traded fund’s stock worth $5,115,172,000 after purchasing an additional 235,129 shares during the period. Bank of America Corp DE increased its stake in iShares Core S&P Small-Cap ETF by 0.6% in the first quarter. Bank of America Corp DE now owns 33,815,305 shares of the exchange traded fund’s stock valued at $4,203,581,000 after purchasing an additional 209,882 shares during the period. Morgan Stanley increased its stake in iShares Core S&P Small-Cap ETF by 0.5% in the fourth quarter. Morgan Stanley now owns 18,064,089 shares of the exchange traded fund’s stock valued at $2,170,943,000 after purchasing an additional 86,538 shares during the period. LPL Financial LLC raised its holdings in shares of iShares Core S&P Small-Cap ETF by 6.0% in the fourth quarter. LPL Financial LLC now owns 17,525,618 shares of the exchange traded fund’s stock valued at $2,106,229,000 after buying an additional 992,984 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of iShares Core S&P Small-Cap ETF by 2.7% during the fourth quarter. Raymond James Financial Inc. now owns 14,095,517 shares of the exchange traded fund’s stock worth $1,693,999,000 after buying an additional 366,136 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 Stock Down 0.0%

NYSEARCA IJR opened at $145.46 on Friday. iShares Core S&P Small-Cap ETF has a 52-week low of $107.08 and a 52-week high of $149.35. The business’s 50-day moving average price is $143.54 and its 200 day moving average price is $134.66. The firm has a market cap of $109.77 billion, a P/E ratio of 16.52 and a beta of 1.01.

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.