Magnolia Capital Management Ltd. Reduces Stock Holdings in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR)

Magnolia Capital Management Ltd. trimmed its stake in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 0.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,246 shares of the exchange traded fund’s stock after selling 135 shares during the period. iShares Core S&P Small-Cap ETF accounts for 3.8% of Magnolia Capital Management Ltd.’s portfolio, making the stock its 6th largest position. Magnolia Capital Management Ltd.’s holdings in iShares Core S&P Small-Cap ETF were worth $4,824,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in IJR. Riverview Trust Co bought a new stake in shares of iShares Core S&P Small-Cap ETF in the 1st quarter valued at about $33,000. WFA Asset Management Corp purchased a new position in iShares Core S&P Small-Cap ETF in the first quarter worth $36,000. DHJJ Financial Advisors Ltd. increased its position in shares of iShares Core S&P Small-Cap ETF by 407.5% during the second quarter. DHJJ Financial Advisors Ltd. now owns 340 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 273 shares in the last quarter. HWG Holdings LP purchased a new stake in shares of iShares Core S&P Small-Cap ETF during the 2nd quarter valued at $41,000. Finally, Financial Connections Group Inc. acquired a new stake in shares of iShares Core S&P Small-Cap ETF in the 2nd quarter worth $54,000.

iShares Core S&P Small-Cap ETF Price Performance

iShares Core S&P Small-Cap ETF stock traded down $0.67 during midday trading on Tuesday, reaching $115.40. The company’s stock had a trading volume of 843,026 shares, compared to its average volume of 3,769,945. iShares Core S&P Small-Cap ETF has a 52-week low of $87.32 and a 52-week high of $120.74. The stock has a market capitalization of $83.72 billion, a P/E ratio of 12.95 and a beta of 1.16. The stock’s 50-day simple moving average is $114.74 and its 200-day simple moving average is $110.68.

iShares Core S&P Small-Cap 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.