Beacon Investment Advisory Services Inc. Increases Position in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR)

Beacon Investment Advisory Services Inc. boosted its position in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 9.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 731,747 shares of the exchange traded fund’s stock after acquiring an additional 61,441 shares during the period. iShares Core S&P Small-Cap ETF accounts for 3.5% of Beacon Investment Advisory Services Inc.’s investment portfolio, making the stock its 3rd biggest position. Beacon Investment Advisory Services Inc. owned approximately 0.10% of iShares Core S&P Small-Cap ETF worth $80,873,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Wells Fargo & Company MN raised its stake in shares of iShares Core S&P Small-Cap ETF by 0.5% during the fourth quarter. Wells Fargo & Company MN now owns 16,552,313 shares of the exchange traded fund’s stock valued at $1,791,788,000 after acquiring an additional 88,472 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in iShares Core S&P Small-Cap ETF by 12.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 10,427,455 shares of the exchange traded fund’s stock worth $1,128,772,000 after buying an additional 1,141,026 shares in the last quarter. UBS Group AG lifted its holdings in iShares Core S&P Small-Cap ETF by 3.6% in the fourth quarter. UBS Group AG now owns 10,130,084 shares of the exchange traded fund’s stock worth $1,096,582,000 after buying an additional 352,841 shares during the period. Raymond James & Associates boosted its position in iShares Core S&P Small-Cap ETF by 2.1% during the 1st quarter. Raymond James & Associates now owns 9,548,329 shares of the exchange traded fund’s stock valued at $1,055,281,000 after acquiring an additional 194,624 shares in the last quarter. Finally, First Command Advisory Services Inc. grew its holdings in shares of iShares Core S&P Small-Cap ETF by 1.7% during the 4th quarter. First Command Advisory Services Inc. now owns 9,530,808 shares of the exchange traded fund’s stock worth $1,031,832,000 after acquiring an additional 157,269 shares during the period.

iShares Core S&P Small-Cap ETF Trading Down 1.6 %

IJR traded down $1.81 during trading on Thursday, reaching $114.48. The stock had a trading volume of 5,189,837 shares, compared to its average volume of 3,803,208. iShares Core S&P Small-Cap ETF has a one year low of $87.32 and a one year high of $118.26. The company has a market capitalization of $83.06 billion, a price-to-earnings ratio of 12.95 and a beta of 1.16. The stock’s 50 day moving average is $108.16 and its two-hundred day moving average is $106.89.

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.