iShares Core S&P Small-Cap ETF $IJR Stake Lowered by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC trimmed its position in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 5.0% in the 2nd quarter, Holdings Channel.com reports. The fund owned 146,097 shares of the exchange traded fund’s stock after selling 7,705 shares during the quarter. iShares Core S&P Small-Cap ETF comprises about 1.3% of Pinnacle Wealth Management Advisory Group LLC’s holdings, making the stock its 17th biggest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Core S&P Small-Cap ETF were worth $21,668,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Core S&P Small-Cap ETF by 2.6% during the 2nd 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 during the last quarter. Bank of America Corp DE raised its position in iShares Core S&P Small-Cap ETF by 0.6% during 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 acquiring an additional 209,882 shares in the last quarter. Morgan Stanley lifted 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 acquiring an additional 86,538 shares during the last quarter. LPL Financial LLC grew its position in 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 worth $2,106,229,000 after acquiring an additional 992,984 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in shares of iShares Core S&P Small-Cap ETF by 2.7% during the 4th quarter. Raymond James Financial Inc. now owns 14,095,517 shares of the exchange traded fund’s stock worth $1,693,999,000 after purchasing an additional 366,136 shares during the last quarter. Hedge funds and other institutional investors own 66.92% of the company’s stock.

iShares Core S&P Small-Cap ETF Trading Down 0.7%

IJR stock opened at $144.25 on Wednesday. The firm has a market cap of $108.74 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 has a fifty day simple moving average of $146.48 and a 200 day simple moving average of $138.13.

iShares Core S&P Small-Cap ETF 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.