Bank of Nova Scotia Cuts Stake in iShares Core S&P Small-Cap ETF $IJR

Bank of Nova Scotia lessened its holdings in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 19.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 364,200 shares of the exchange traded fund’s stock after selling 88,400 shares during the quarter. Bank of Nova Scotia’s holdings in iShares Core S&P Small-Cap ETF were worth $39,803,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core S&P Small-Cap ETF by 5.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 41,302,922 shares of the exchange traded fund’s stock valued at $4,513,996,000 after acquiring an additional 2,252,323 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in iShares Core S&P Small-Cap ETF during the 2nd quarter worth about $2,049,784,000. Laurel Wealth Advisors LLC raised its position in iShares Core S&P Small-Cap ETF by 11,144.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 13,728,611 shares of the exchange traded fund’s stock valued at $1,500,400,000 after purchasing an additional 13,606,522 shares in the last quarter. Northern Trust Corp boosted its stake in shares of iShares Core S&P Small-Cap ETF by 3.1% in the 1st quarter. Northern Trust Corp now owns 9,633,447 shares of the exchange traded fund’s stock valued at $1,007,370,000 after buying an additional 288,514 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in shares of iShares Core S&P Small-Cap ETF by 3.9% during the first quarter. Goldman Sachs Group Inc. now owns 9,253,027 shares of the exchange traded fund’s stock worth $967,589,000 after buying an additional 347,117 shares in the last quarter. Hedge funds and other institutional investors own 66.92% of the company’s stock.

iShares Core S&P Small-Cap ETF Stock Performance

IJR stock opened at $121.13 on Tuesday. The company’s 50 day moving average price is $118.58 and its 200 day moving average price is $114.72. The firm has a market capitalization of $87.45 billion, a price-to-earnings ratio of 16.52 and a beta of 1.08. iShares Core S&P Small-Cap ETF has a fifty-two week low of $89.22 and a fifty-two week high of $125.96.

iShares Core S&P Small-Cap ETF Company 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.