MAI Capital Management lifted its position in shares of iShares S&P SmallCap 600 ETF (NYSEARCA:IJR) by 3.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 589,548 shares of the exchange traded fund’s stock after purchasing an additional 19,446 shares during the period. iShares S&P SmallCap 600 ETF comprises 1.4% of MAI Capital Management’s portfolio, making the stock its 12th largest position. MAI Capital Management owned 0.09% of iShares S&P SmallCap 600 ETF worth $63,984,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of IJR. NWK Group Inc. increased its stake in shares of iShares S&P SmallCap 600 ETF by 50.5% in the fourth quarter. NWK Group Inc. now owns 301 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 101 shares during the last quarter. Fortis Advisors LLC bought a new stake in shares of iShares S&P SmallCap 600 ETF in the fourth quarter worth $29,000. Concord Wealth Partners bought a new stake in shares of iShares S&P SmallCap 600 ETF in the fourth quarter worth $33,000. Avion Wealth bought a new stake in shares of iShares S&P SmallCap 600 ETF in the first quarter worth $34,000. Finally, D Orazio & Associates Inc. increased its stake in iShares S&P SmallCap 600 ETF by 239.0% during the first quarter. D Orazio & Associates Inc. now owns 356 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 251 shares during the last quarter.
IJR stock opened at $112.87 on Thursday. iShares S&P SmallCap 600 ETF has a 1-year low of $64.03 and a 1-year high of $115.20. The firm has a fifty day moving average price of $110.46 and a two-hundred day moving average price of $101.41.
iShares S&P SmallCap 600 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.
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