55,384 Shares in iShares Core S&P Small-Cap ETF $IJR Acquired by Palumbo Wealth Management LLC

Palumbo Wealth Management LLC bought a new position in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) during the fourth quarter, HoldingsChannel.com reports. The firm bought 55,384 shares of the exchange traded fund’s stock, valued at approximately $6,656,000. iShares Core S&P Small-Cap ETF comprises about 1.6% of Palumbo Wealth Management LLC’s portfolio, making the stock its 14th biggest position.

A number of other hedge funds have also recently bought and sold shares of IJR. Nvwm LLC acquired a new stake in iShares Core S&P Small-Cap ETF during the fourth quarter worth approximately $25,000. Your Advocates Ltd. LLP boosted its position in iShares Core S&P Small-Cap ETF by 197.6% during the third quarter. Your Advocates Ltd. LLP now owns 244 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 162 shares during the last quarter. Hantz Financial Services Inc. boosted its position in iShares Core S&P Small-Cap ETF by 85.4% during the third quarter. Hantz Financial Services Inc. now owns 254 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 117 shares during the last quarter. Bank & Trust Co acquired a new stake in iShares Core S&P Small-Cap ETF during the fourth quarter worth approximately $30,000. Finally, New Millennium Group LLC boosted its position in iShares Core S&P Small-Cap ETF by 105.3% during the third quarter. New Millennium Group LLC now owns 308 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 158 shares during the last quarter. Institutional investors and hedge funds own 66.92% of the company’s stock.

iShares Core S&P Small-Cap ETF Stock Performance

Shares of NYSEARCA IJR opened at $126.52 on Wednesday. iShares Core S&P Small-Cap ETF has a 1 year low of $89.22 and a 1 year high of $133.52. The firm’s 50 day moving average price is $127.10 and its 200 day moving average price is $123.14. The firm has a market cap of $93.69 billion, a P/E ratio of 16.52 and a beta of 1.05.

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.