Meridian Management Co. Lowers Holdings in iShares Core S&P Small-Cap ETF $IJR

Meridian Management Co. reduced its stake in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 8.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,410 shares of the exchange traded fund’s stock after selling 9,672 shares during the quarter. iShares Core S&P Small-Cap ETF accounts for 3.2% of Meridian Management Co.’s portfolio, making the stock its 7th largest position. Meridian Management Co.’s holdings in iShares Core S&P Small-Cap ETF were worth $12,979,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in IJR. Brighton Jones LLC increased its position in shares of iShares Core S&P Small-Cap ETF by 24.3% during the 4th 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 acquired a new position in iShares Core S&P Small-Cap ETF in the fourth quarter valued at about $55,011,000. AQR Capital Management LLC boosted its position in iShares Core S&P Small-Cap ETF by 80.7% in the first quarter. AQR Capital Management LLC now owns 17,964 shares of the exchange traded fund’s stock valued at $1,878,000 after buying 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 first quarter worth about $5,503,000. Finally, United Bank grew its stake in iShares Core S&P Small-Cap ETF by 4.8% during the second 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 last quarter. 66.92% of the stock is owned by institutional investors.

iShares Core S&P Small-Cap ETF Trading Up 0.3%

NYSEARCA IJR opened at $145.38 on Wednesday. iShares Core S&P Small-Cap ETF has a 1-year low of $107.08 and a 1-year high of $149.35. The company has a 50 day moving average of $141.08 and a 200-day moving average of $132.67. The firm has a market cap of $109.26 billion, a price-to-earnings ratio of 16.52 and a beta of 1.01.

About iShares Core S&P Small-Cap ETF

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.