Fairhaven Wealth Management LLC Cuts Stock Holdings in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR)

Fairhaven Wealth Management LLC trimmed its stake in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 0.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 130,494 shares of the exchange traded fund’s stock after selling 528 shares during the period. iShares Core S&P Small-Cap ETF makes up about 4.7% of Fairhaven Wealth Management LLC’s investment portfolio, making the stock its 5th biggest position. Fairhaven Wealth Management LLC’s holdings in iShares Core S&P Small-Cap ETF were worth $15,036,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IJR. Financial Life Planners purchased a new stake in iShares Core S&P Small-Cap ETF in the fourth quarter worth about $25,000. Riggs Asset Managment Co. Inc. raised its holdings in shares of iShares Core S&P Small-Cap ETF by 50.6% in the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 271 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 91 shares in the last quarter. Brooklyn Investment Group bought a new stake in shares of iShares Core S&P Small-Cap ETF in the 4th quarter valued at about $46,000. Endeavor Private Wealth Inc. purchased a new stake in shares of iShares Core S&P Small-Cap ETF in the 4th quarter worth approximately $47,000. Finally, SJS Investment Consulting Inc. boosted its stake in shares of iShares Core S&P Small-Cap ETF by 784.3% during the fourth quarter. SJS Investment Consulting Inc. now owns 451 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 400 shares in the last quarter.

iShares Core S&P Small-Cap ETF Stock Down 0.4 %

Shares of NYSEARCA:IJR opened at $112.54 on Tuesday. The company has a market capitalization of $81.65 billion, a price-to-earnings ratio of 12.95 and a beta of 1.16. The firm has a 50 day moving average of $116.78 and a 200 day moving average of $117.36. iShares Core S&P Small-Cap ETF has a 52 week low of $101.85 and a 52 week high of $128.61.

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.