Sage Financial Management Group Inc. Reduces Holdings in iShares Core S&P Small-Cap ETF $IJR

Sage Financial Management Group Inc. lowered its stake in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 20.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 19,301 shares of the exchange traded fund’s stock after selling 5,051 shares during the period. iShares Core S&P Small-Cap ETF makes up 0.7% of Sage Financial Management Group Inc.’s holdings, making the stock its 20th biggest holding. Sage Financial Management Group Inc.’s holdings in iShares Core S&P Small-Cap ETF were worth $2,109,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Signature Resources Capital Management LLC increased its position in shares of iShares Core S&P Small-Cap ETF by 105.8% in the 1st quarter. Signature Resources Capital Management LLC now owns 249 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 128 shares during the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of iShares Core S&P Small-Cap ETF in the 1st quarter worth about $26,000. Hoey Investments Inc. bought a new stake in shares of iShares Core S&P Small-Cap ETF in the 1st quarter worth about $28,000. N.E.W. Advisory Services LLC bought a new stake in shares of iShares Core S&P Small-Cap ETF in the 1st quarter worth about $28,000. Finally, Bulwark Capital Corp bought a new stake in shares of iShares Core S&P Small-Cap ETF in the 2nd quarter worth about $30,000. Institutional investors own 66.92% of the company’s stock.

iShares Core S&P Small-Cap ETF Stock Performance

IJR opened at $120.08 on Friday. The company has a 50-day moving average of $116.28 and a 200-day moving average of $109.04. The company has a market capitalization of $86.76 billion, a P/E ratio of 16.52 and a beta of 1.15. iShares Core S&P Small-Cap ETF has a 1-year low of $89.22 and a 1-year high of $128.61.

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.