Pinnacle Wealth Management Advisory Group LLC Trims Stock Position in iShares Core S&P Small-Cap ETF $IJR

Pinnacle Wealth Management Advisory Group LLC lessened its stake in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 13.6% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 153,802 shares of the exchange traded fund’s stock after selling 24,259 shares during the period. iShares Core S&P Small-Cap ETF comprises approximately 1.3% of Pinnacle Wealth Management Advisory Group LLC’s investment portfolio, making the stock its 18th biggest holding. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Core S&P Small-Cap ETF were worth $19,119,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC grew its stake in iShares Core S&P Small-Cap ETF by 24.3% in the fourth quarter. Brighton Jones LLC now owns 29,944 shares of the exchange traded fund’s stock worth $3,450,000 after purchasing an additional 5,853 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in iShares Core S&P Small-Cap ETF during the 4th quarter valued at $55,011,000. AQR Capital Management LLC raised its position in iShares Core S&P Small-Cap ETF by 80.7% during the 1st quarter. AQR Capital Management LLC now owns 17,964 shares of the exchange traded fund’s stock valued at $1,878,000 after purchasing an additional 8,025 shares in the last quarter. Millennium Management LLC bought a new stake in iShares Core S&P Small-Cap ETF during the 1st quarter valued at $5,503,000. Finally, United Bank lifted its holdings in shares of iShares Core S&P Small-Cap ETF by 4.8% in the 2nd quarter. United Bank now owns 32,876 shares of the exchange traded fund’s stock worth $3,593,000 after buying an additional 1,495 shares during the period. Institutional investors own 66.92% of the company’s stock.

iShares Core S&P Small-Cap ETF Trading Up 0.8%

Shares of IJR stock opened at $147.41 on Friday. iShares Core S&P Small-Cap ETF has a twelve month low of $107.08 and a twelve month high of $147.60. The stock has a fifty day simple moving average of $138.59 and a two-hundred day simple moving average of $130.65. The stock has a market capitalization of $110.06 billion, a price-to-earnings ratio of 16.52 and a beta of 1.02.

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.