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

Fairhaven Wealth Management LLC lessened its holdings in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 11.8% in the first quarter, Holdings Channel reports. The firm owned 131,308 shares of the exchange traded fund’s stock after selling 17,490 shares during the period. iShares Core S&P Small-Cap ETF accounts for 5.0% of Fairhaven Wealth Management LLC’s investment portfolio, making the stock its 4th largest holding. Fairhaven Wealth Management LLC’s holdings in iShares Core S&P Small-Cap ETF were worth $14,512,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Bruce G. Allen Investments LLC bought a new stake in shares of iShares Core S&P Small-Cap ETF in the 4th quarter worth approximately $28,000. Vima LLC purchased a new stake in iShares Core S&P Small-Cap ETF in the fourth quarter worth $30,000. Advantage Trust Co purchased a new stake in iShares Core S&P Small-Cap ETF in the fourth quarter worth $33,000. Riverview Trust Co bought a new stake in shares of iShares Core S&P Small-Cap ETF in the first quarter valued at $33,000. Finally, Highlander Capital Management LLC purchased a new position in shares of iShares Core S&P Small-Cap ETF during the 4th quarter valued at $36,000.

iShares Core S&P Small-Cap ETF Price Performance

Shares of IJR traded down $0.81 during trading hours on Friday, hitting $105.53. The company’s stock had a trading volume of 2,205,120 shares, compared to its average volume of 3,791,931. The business has a 50 day simple moving average of $107.43 and a two-hundred day simple moving average of $106.73. iShares Core S&P Small-Cap ETF has a 52-week low of $87.32 and a 52-week high of $111.57. The company has a market cap of $76.56 billion, a price-to-earnings ratio of 12.95 and a beta of 1.16.

iShares Core S&P Small-Cap ETF 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.