Royal Bank of Canada Boosts Stake in iShares Core S&P Small-Cap ETF $IJR

Royal Bank of Canada lifted its position in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 2.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,286,580 shares of the exchange traded fund’s stock after acquiring an additional 192,412 shares during the quarter. Royal Bank of Canada owned 0.99% of iShares Core S&P Small-Cap ETF worth $875,700,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of IJR. Brighton Jones LLC increased its holdings in iShares Core S&P Small-Cap ETF by 24.3% in the 4th quarter. Brighton Jones LLC now owns 29,944 shares of the exchange traded fund’s stock valued at $3,450,000 after purchasing an additional 5,853 shares during the last quarter. Heck Capital Advisors LLC purchased a new stake in shares of iShares Core S&P Small-Cap ETF during the 4th quarter worth $55,011,000. AQR Capital Management LLC lifted 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 during 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 raised its stake in 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 acquiring an additional 1,495 shares in the last quarter. 66.92% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P Small-Cap ETF Stock Performance

Shares of NYSEARCA:IJR opened at $142.62 on Wednesday. The company has a 50-day simple moving average of $136.37 and a 200-day simple moving average of $129.43. iShares Core S&P Small-Cap ETF has a one year low of $105.15 and a one year high of $145.06. The stock has a market capitalization of $106.49 billion, a price-to-earnings ratio of 16.52 and a beta of 1.02.

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.