Pettinga Financial Advisors LLC Cuts Position in iShares Core S&P Small-Cap ETF $IJR

Pettinga Financial Advisors LLC trimmed its stake in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 5.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 84,953 shares of the exchange traded fund’s stock after selling 5,289 shares during the quarter. iShares Core S&P Small-Cap ETF comprises 2.0% of Pettinga Financial Advisors LLC’s investment portfolio, making the stock its 16th largest position. Pettinga Financial Advisors LLC’s holdings in iShares Core S&P Small-Cap ETF were worth $10,095,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. RMG Wealth Management LLC bought a new position in iShares Core S&P Small-Cap ETF in the second quarter worth about $27,000. Curio Wealth LLC grew its position in shares of iShares Core S&P Small-Cap ETF by 26,900.0% in the 2nd quarter. Curio Wealth LLC now owns 270 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 269 shares during the last quarter. Bulwark Capital Corp purchased a new position in shares of iShares Core S&P Small-Cap ETF in the 2nd quarter worth approximately $30,000. Marshall & Sullivan Inc. WA bought a new position in shares of iShares Core S&P Small-Cap ETF during the 2nd quarter worth approximately $38,000. Finally, Quaker Wealth Management LLC lifted its position in iShares Core S&P Small-Cap ETF by 200.4% during the second quarter. Quaker Wealth Management LLC now owns 452 shares of the exchange traded fund’s stock valued at $49,000 after acquiring an additional 902 shares during the last quarter. 66.92% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P Small-Cap ETF Trading Up 1.0%

NYSEARCA IJR opened at $121.37 on Friday. The firm’s fifty day simple moving average is $120.04 and its two-hundred day simple moving average is $116.79. The firm has a market capitalization of $87.62 billion, a P/E ratio of 16.52 and a beta of 1.08. iShares Core S&P Small-Cap ETF has a 12-month low of $89.22 and a 12-month high of $125.84.

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.