Melone Private Wealth LLC Has $13.05 Million Position in iShares Core S&P Small-Cap ETF $IJR

Melone Private Wealth LLC lifted its stake in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 84.7% during the 4th quarter, HoldingsChannel reports. The fund owned 108,593 shares of the exchange traded fund’s stock after buying an additional 49,792 shares during the period. iShares Core S&P Small-Cap ETF comprises approximately 5.5% of Melone Private Wealth LLC’s portfolio, making the stock its 5th biggest holding. Melone Private Wealth LLC’s holdings in iShares Core S&P Small-Cap ETF were worth $13,051,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vigilare Wealth Management acquired a new position in iShares Core S&P Small-Cap ETF during the 4th quarter valued at $3,724,000. St. Louis Financial Planners Asset Management LLC acquired a new stake in iShares Core S&P Small-Cap ETF in the 4th quarter worth $1,210,000. KFA Private Wealth Group LLC grew its position in iShares Core S&P Small-Cap ETF by 0.9% in the 4th quarter. KFA Private Wealth Group LLC now owns 90,513 shares of the exchange traded fund’s stock worth $10,878,000 after purchasing an additional 785 shares during the last quarter. Corsicana & Co. increased its holdings in shares of iShares Core S&P Small-Cap ETF by 7.8% during the 4th quarter. Corsicana & Co. now owns 11,942 shares of the exchange traded fund’s stock worth $1,435,000 after purchasing an additional 860 shares during the period. Finally, Riversedge Advisors LLC increased its holdings in shares of iShares Core S&P Small-Cap ETF by 22.3% during the 4th quarter. Riversedge Advisors LLC now owns 141,414 shares of the exchange traded fund’s stock worth $16,995,000 after purchasing an additional 25,758 shares during the period. Institutional investors own 66.92% of the company’s stock.

iShares Core S&P Small-Cap ETF Stock Performance

Shares of IJR opened at $120.41 on Friday. The company has a 50-day simple moving average of $128.04 and a 200-day simple moving average of $122.60. iShares Core S&P Small-Cap ETF has a 52 week low of $89.22 and a 52 week high of $133.52. The firm has a market capitalization of $88.54 billion, a P/E ratio of 16.52 and a beta of 1.08.

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.