Arax Advisory Partners Buys New Position in iShares Core S&P Small-Cap ETF $IJR

Arax Advisory Partners bought a new stake in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) during the 4th quarter, HoldingsChannel reports. The firm bought 28,018 shares of the exchange traded fund’s stock, valued at approximately $3,367,000.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its holdings in iShares Core S&P Small-Cap ETF by 24.3% during the 4th quarter. Brighton Jones LLC now owns 29,944 shares of the exchange traded fund’s stock worth $3,450,000 after purchasing an additional 5,853 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in shares of iShares Core S&P Small-Cap ETF in the 4th quarter worth approximately $55,011,000. AQR Capital Management LLC grew its position in shares of 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 worth $1,878,000 after acquiring an additional 8,025 shares in the last quarter. Millennium Management LLC acquired a new position in shares of iShares Core S&P Small-Cap ETF in 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% in the 2nd quarter. United Bank now owns 32,876 shares of the exchange traded fund’s stock worth $3,593,000 after acquiring an additional 1,495 shares in the last quarter. 66.92% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P Small-Cap ETF Stock Performance

Shares of IJR opened at $143.67 on Monday. The firm has a market cap of $107.27 billion, a price-to-earnings ratio of 16.52 and a beta of 1.02. The stock has a 50 day moving average of $135.66 and a 200-day moving average of $129.12. iShares Core S&P Small-Cap ETF has a 52 week low of $105.15 and a 52 week high of $144.68.

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.