PFG Private Wealth Management LLC Raises Position in iShares Core S&P Small-Cap ETF $IJR

PFG Private Wealth Management LLC increased its position in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 1,303.2% in the 4th quarter, HoldingsChannel reports. The firm owned 36,328 shares of the exchange traded fund’s stock after purchasing an additional 33,739 shares during the period. iShares Core S&P Small-Cap ETF comprises approximately 1.9% of PFG Private Wealth Management LLC’s holdings, making the stock its 16th largest position. PFG Private Wealth Management LLC’s holdings in iShares Core S&P Small-Cap ETF were worth $4,366,000 as of its most recent filing with the Securities & Exchange Commission.

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

iShares Core S&P Small-Cap ETF Stock Up 2.8%

Shares of IJR opened at $124.31 on Wednesday. The company has a 50-day simple moving average of $127.42 and a 200-day simple moving average of $122.90. The company has a market capitalization of $91.41 billion, a PE ratio of 16.52 and a beta of 1.08. iShares Core S&P Small-Cap ETF has a 52-week low of $89.22 and a 52-week high of $133.52.

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.