Fifth Third Bancorp Purchases 1,159,049 Shares of iShares Core S&P Small-Cap ETF $IJR

Fifth Third Bancorp lifted its holdings in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 56.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 3,216,342 shares of the exchange traded fund’s stock after buying an additional 1,159,049 shares during the period. iShares Core S&P Small-Cap ETF makes up approximately 0.7% of Fifth Third Bancorp’s portfolio, making the stock its 28th largest position. Fifth Third Bancorp’s holdings in iShares Core S&P Small-Cap ETF were worth $399,823,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in IJR. Nvwm LLC acquired a new position in iShares Core S&P Small-Cap ETF during the fourth quarter valued at approximately $25,000. Bank & Trust Co acquired a new stake in iShares Core S&P Small-Cap ETF in the 4th quarter worth $30,000. Networth Advisors LLC bought a new position in iShares Core S&P Small-Cap ETF during the fourth quarter valued at about $40,000. DecisionPoint Financial LLC increased its position in shares of iShares Core S&P Small-Cap ETF by 61.7% during the fourth quarter. DecisionPoint Financial LLC now owns 346 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 132 shares during the period. Finally, Richardson Financial Services Inc. bought a new stake in iShares Core S&P Small-Cap ETF in the 4th quarter valued at $42,000. Institutional investors and hedge funds own 66.92% of the company’s stock.

iShares Core S&P Small-Cap ETF Trading Up 0.1%

NYSEARCA:IJR traded up $0.09 during mid-day trading on Friday, hitting $145.56. The company’s stock had a trading volume of 2,329,584 shares, compared to its average volume of 5,445,955. iShares Core S&P Small-Cap ETF has a fifty-two week low of $107.08 and a fifty-two week high of $149.35. The stock has a fifty day moving average of $140.78 and a 200-day moving average of $132.29. The company has a market capitalization of $109.42 billion, a price-to-earnings ratio of 16.52 and a beta of 1.01.

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.