Pinnacle Wealth Management Advisory Group LLC Has $21.67 Million Stock Position in iShares Core S&P Small-Cap ETF $IJR

Pinnacle Wealth Management Advisory Group LLC reduced its position in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 5.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 146,097 shares of the exchange traded fund’s stock after selling 7,705 shares during the period. iShares Core S&P Small-Cap ETF comprises approximately 1.3% of Pinnacle Wealth Management Advisory Group LLC’s holdings, making the stock its 17th largest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Core S&P Small-Cap ETF were worth $21,668,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Integrated Wealth Concepts LLC boosted its stake in iShares Core S&P Small-Cap ETF by 4.8% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 188,377 shares of the exchange traded fund’s stock worth $27,938,000 after purchasing an additional 8,643 shares during the period. Community Bank N.A. raised its stake in iShares Core S&P Small-Cap ETF by 7.1% during the 2nd quarter. Community Bank N.A. now owns 121,836 shares of the exchange traded fund’s stock valued at $18,069,000 after purchasing an additional 8,116 shares during the period. RFG Advisory LLC raised its stake in iShares Core S&P Small-Cap ETF by 1.0% during the 2nd quarter. RFG Advisory LLC now owns 82,128 shares of the exchange traded fund’s stock valued at $12,180,000 after purchasing an additional 776 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of iShares Core S&P Small-Cap ETF by 2.9% in the second quarter. NewEdge Advisors LLC now owns 603,283 shares of the exchange traded fund’s stock valued at $89,473,000 after purchasing an additional 16,935 shares in the last quarter. Finally, IFP Advisors Inc lifted its holdings in shares of iShares Core S&P Small-Cap ETF by 1.9% in the second quarter. IFP Advisors Inc now owns 108,901 shares of the exchange traded fund’s stock valued at $16,151,000 after purchasing an additional 2,042 shares in the last quarter. Institutional investors and hedge funds own 66.92% of the company’s stock.

iShares Core S&P Small-Cap ETF Trading Down 0.7%

Shares of IJR stock opened at $144.25 on Wednesday. The company has a market capitalization of $108.74 billion, a price-to-earnings ratio of 16.52 and a beta of 1.01. iShares Core S&P Small-Cap ETF has a 1-year low of $112.00 and a 1-year high of $150.69. The stock’s fifty day simple moving average is $146.48 and its 200-day simple moving average is $138.13.

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.