Magnolia Wealth Management LLC Acquires Shares of 82,362 iShares Core S&P Small-Cap ETF $IJR

Magnolia Wealth Management LLC acquired a new position in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) during the 3rd quarter, Holdings Channel reports. The firm acquired 82,362 shares of the exchange traded fund’s stock, valued at approximately $9,787,000. iShares Core S&P Small-Cap ETF makes up 6.1% of Magnolia Wealth Management LLC’s holdings, making the stock its 6th biggest position.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC increased its position in iShares Core S&P Small-Cap ETF by 24.3% during the fourth quarter. Brighton Jones LLC now owns 29,944 shares of the exchange traded fund’s stock worth $3,450,000 after acquiring an additional 5,853 shares during the period. Heck Capital Advisors LLC bought a new stake in iShares Core S&P Small-Cap ETF in the 4th quarter valued at about $55,011,000. AQR Capital Management LLC boosted its holdings in iShares Core S&P Small-Cap ETF by 80.7% in the 1st quarter. AQR Capital Management LLC now owns 17,964 shares of the exchange traded fund’s stock valued at $1,878,000 after purchasing an additional 8,025 shares during the period. Millennium Management LLC acquired a new position in shares of iShares Core S&P Small-Cap ETF during the 1st quarter worth approximately $5,503,000. Finally, United Bank grew its position in shares of iShares Core S&P Small-Cap ETF by 4.8% during the 2nd quarter. United Bank now owns 32,876 shares of the exchange traded fund’s stock worth $3,593,000 after purchasing an additional 1,495 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 Up 0.7%

Shares of IJR opened at $123.83 on Wednesday. iShares Core S&P Small-Cap ETF has a 12 month low of $89.22 and a 12 month high of $133.52. The firm’s 50 day moving average is $128.24 and its 200-day moving average is $122.59. The stock has a market capitalization of $91.06 billion, a PE 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.