Summit Financial Strategies Inc. Acquires 24,498 Shares of iShares Core S&P Small-Cap ETF $IJR

Summit Financial Strategies Inc. lifted its holdings in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 9.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 281,657 shares of the exchange traded fund’s stock after purchasing an additional 24,498 shares during the quarter. iShares Core S&P Small-Cap ETF comprises about 2.8% of Summit Financial Strategies Inc.’s holdings, making the stock its 12th biggest holding. Summit Financial Strategies Inc.’s holdings in iShares Core S&P Small-Cap ETF were worth $33,850,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in IJR. Nvwm LLC bought a new position in shares of iShares Core S&P Small-Cap ETF in the fourth quarter valued at about $25,000. Your Advocates Ltd. LLP raised its holdings in iShares Core S&P Small-Cap ETF by 197.6% during the 3rd quarter. Your Advocates Ltd. LLP now owns 244 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 162 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in iShares Core S&P Small-Cap ETF by 85.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 254 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 117 shares during the last quarter. Bank & Trust Co bought a new stake in iShares Core S&P Small-Cap ETF during the 4th quarter worth about $30,000. Finally, New Millennium Group LLC raised its holdings in iShares Core S&P Small-Cap ETF by 105.3% during the 3rd quarter. New Millennium Group LLC now owns 308 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 158 shares during the last quarter. 66.92% of the stock is owned by institutional investors.

iShares Core S&P Small-Cap ETF Trading Up 2.0%

Shares of NYSEARCA:IJR opened at $135.39 on Friday. The stock has a market capitalization of $100.65 billion, a P/E ratio of 16.52 and a beta of 1.02. iShares Core S&P Small-Cap ETF has a 1-year low of $93.37 and a 1-year high of $136.53. The business has a 50-day moving average price of $127.64 and a two-hundred day moving average price of $123.85.

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.