iShares Core S&P Small-Cap ETF $IJR Position Reduced by McNamara Financial Services Inc.

McNamara Financial Services Inc. trimmed its stake in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 65.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,813 shares of the exchange traded fund’s stock after selling 34,138 shares during the quarter. iShares Core S&P Small-Cap ETF accounts for 0.4% of McNamara Financial Services Inc.’s portfolio, making the stock its 26th largest position. McNamara Financial Services Inc.’s holdings in iShares Core S&P Small-Cap ETF were worth $2,141,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in IJR. Jones Financial Companies Lllp lifted its position in shares of iShares Core S&P Small-Cap ETF by 549.5% in the third quarter. Jones Financial Companies Lllp now owns 14,885,601 shares of the exchange traded fund’s stock worth $1,763,740,000 after purchasing an additional 12,593,909 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares Core S&P Small-Cap ETF by 60.1% in the third quarter. JPMorgan Chase & Co. now owns 5,138,062 shares of the exchange traded fund’s stock worth $610,556,000 after purchasing an additional 1,928,405 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Core S&P Small-Cap ETF by 2.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 42,327,458 shares of the exchange traded fund’s stock worth $5,029,772,000 after purchasing an additional 1,024,536 shares in the last quarter. Truist Financial Corp lifted its position in shares of iShares Core S&P Small-Cap ETF by 30.0% in the third quarter. Truist Financial Corp now owns 4,074,572 shares of the exchange traded fund’s stock worth $484,181,000 after purchasing an additional 941,459 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its position in shares of iShares Core S&P Small-Cap ETF by 168.4% in the third quarter. Mercer Global Advisors Inc. ADV now owns 1,082,965 shares of the exchange traded fund’s stock worth $128,689,000 after purchasing an additional 679,403 shares in the last quarter. 66.92% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P Small-Cap ETF Price Performance

NYSEARCA IJR opened at $129.83 on Thursday. The company has a 50 day simple moving average of $127.15 and a 200-day simple moving average of $123.19. The firm has a market capitalization of $96.15 billion, a price-to-earnings ratio of 16.52 and a beta of 1.05. iShares Core S&P Small-Cap ETF has a 52-week low of $89.22 and a 52-week high of $133.52.

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.