Verus Wealth Management LLC Has $3.32 Million Holdings in iShares Core S&P Small-Cap ETF $IJR

Verus Wealth Management LLC reduced its holdings in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 9.0% during the 2nd quarter, Holdings Channel.com reports. The fund owned 30,342 shares of the exchange traded fund’s stock after selling 3,010 shares during the period. iShares Core S&P Small-Cap ETF accounts for about 3.3% of Verus Wealth Management LLC’s portfolio, making the stock its 9th largest position. Verus Wealth Management LLC’s holdings in iShares Core S&P Small-Cap ETF were worth $3,316,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in IJR. Kingstone Capital Partners Texas LLC acquired a new stake in iShares Core S&P Small-Cap ETF in the 2nd quarter valued at $2,049,784,000. Mullooly Asset Management Inc. acquired a new position in iShares Core S&P Small-Cap ETF during the first quarter worth $709,778,000. Wealthspire Advisors LLC lifted its holdings in shares of iShares Core S&P Small-Cap ETF by 105.3% during the first quarter. Wealthspire Advisors LLC now owns 3,883,282 shares of the exchange traded fund’s stock valued at $406,075,000 after acquiring an additional 1,991,742 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of iShares Core S&P Small-Cap ETF by 1,175.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,912,735 shares of the exchange traded fund’s stock valued at $200,015,000 after purchasing an additional 1,762,735 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares Core S&P Small-Cap ETF by 83.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 2,492,515 shares of the exchange traded fund’s stock valued at $281,854,000 after purchasing an additional 1,136,151 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 Stock Performance

IJR opened at $120.08 on Friday. The firm has a market cap of $86.76 billion, a price-to-earnings ratio of 16.52 and a beta of 1.15. The firm’s 50-day simple moving average is $116.28 and its 200-day simple moving average is $109.05. iShares Core S&P Small-Cap ETF has a twelve month low of $89.22 and a twelve month 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.