Mechanics Financial Corp Decreases Stock Holdings in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR)

Mechanics Financial Corp cut its holdings in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 3.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,748 shares of the exchange traded fund’s stock after selling 1,400 shares during the period. iShares Core S&P Small-Cap ETF accounts for 2.1% of Mechanics Financial Corp’s holdings, making the stock its 9th biggest holding. Mechanics Financial Corp’s holdings in iShares Core S&P Small-Cap ETF were worth $4,883,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IJR. Riggs Asset Managment Co. Inc. increased its holdings in shares of iShares Core S&P Small-Cap ETF by 50.6% in the third quarter. Riggs Asset Managment Co. Inc. now owns 271 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares during the last quarter. DHJJ Financial Advisors Ltd. increased its stake in iShares Core S&P Small-Cap ETF by 407.5% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 340 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 273 shares during the last quarter. HWG Holdings LP purchased a new stake in shares of iShares Core S&P Small-Cap ETF during the 2nd quarter worth approximately $41,000. Financial Connections Group Inc. bought a new position in shares of iShares Core S&P Small-Cap ETF during the 2nd quarter valued at approximately $54,000. Finally, Abich Financial Wealth Management LLC grew its holdings in shares of iShares Core S&P Small-Cap ETF by 285.6% in the third quarter. Abich Financial Wealth Management LLC now owns 482 shares of the exchange traded fund’s stock valued at $56,000 after purchasing an additional 357 shares in the last quarter.

iShares Core S&P Small-Cap ETF Stock Performance

Shares of IJR opened at $120.53 on Friday. iShares Core S&P Small-Cap ETF has a fifty-two week low of $94.83 and a fifty-two week high of $126.72. The company’s fifty day moving average is $116.63 and its 200 day moving average is $112.45. The stock has a market capitalization of $87.44 billion, a PE ratio of 12.95 and a beta of 1.16.

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.