Marvin & Palmer Associates Inc. Makes New $4.26 Million Investment in iShares Core S&P Small-Cap ETF $IJR

Marvin & Palmer Associates Inc. acquired a new position in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 35,470 shares of the exchange traded fund’s stock, valued at approximately $4,263,000. iShares Core S&P Small-Cap ETF makes up 3.0% of Marvin & Palmer Associates Inc.’s holdings, making the stock its 12th biggest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Pasadena Private Wealth LLC lifted its holdings in iShares Core S&P Small-Cap ETF by 0.7% in the 4th quarter. Pasadena Private Wealth LLC now owns 10,543 shares of the exchange traded fund’s stock worth $1,267,000 after buying an additional 76 shares in the last quarter. Flavin Financial Services Inc. lifted its holdings in iShares Core S&P Small-Cap ETF by 0.4% in the 4th quarter. Flavin Financial Services Inc. now owns 18,630 shares of the exchange traded fund’s stock worth $2,239,000 after buying an additional 78 shares in the last quarter. Westmount Partners LLC lifted its holdings in iShares Core S&P Small-Cap ETF by 0.3% in the 4th quarter. Westmount Partners LLC now owns 26,052 shares of the exchange traded fund’s stock worth $3,131,000 after buying an additional 79 shares in the last quarter. Kapstone Financial Advisors LLC lifted its holdings in iShares Core S&P Small-Cap ETF by 4.3% in the 4th quarter. Kapstone Financial Advisors LLC now owns 1,904 shares of the exchange traded fund’s stock worth $229,000 after buying an additional 79 shares in the last quarter. Finally, Lazari Capital Management Inc. increased its position in shares of iShares Core S&P Small-Cap ETF by 1.4% in the 4th quarter. Lazari Capital Management Inc. now owns 5,901 shares of the exchange traded fund’s stock worth $709,000 after purchasing an additional 80 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

IJR opened at $139.89 on Wednesday. The company has a 50-day moving average of $134.57 and a 200-day moving average of $128.55. The company has a market capitalization of $104.45 billion, a P/E ratio of 16.52 and a beta of 1.02. iShares Core S&P Small-Cap ETF has a 1-year low of $105.15 and a 1-year high of $141.85.

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.