Pinnacle Associates Ltd. Sells 5,489 Shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR)

Pinnacle Associates Ltd. reduced its stake in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 2.1% in the third quarter, HoldingsChannel.com reports. The fund owned 256,001 shares of the exchange traded fund’s stock after selling 5,489 shares during the quarter. Pinnacle Associates Ltd.’s holdings in iShares Core S&P Small-Cap ETF were worth $27,712,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IJR. Clear Harbor Asset Management LLC boosted its stake in shares of iShares Core S&P Small-Cap ETF by 2.8% in the 2nd quarter. Clear Harbor Asset Management LLC now owns 3,168 shares of the exchange traded fund’s stock valued at $338,000 after purchasing an additional 86 shares in the last quarter. Founders Financial Alliance LLC boosted its position in iShares Core S&P Small-Cap ETF by 2.0% during the second quarter. Founders Financial Alliance LLC now owns 4,729 shares of the exchange traded fund’s stock valued at $504,000 after buying an additional 91 shares during the period. Riggs Asset Managment Co. Inc. grew its stake in shares of iShares Core S&P Small-Cap ETF by 50.6% during the third quarter. Riggs Asset Managment Co. Inc. now owns 271 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 91 shares during the last quarter. Sfmg LLC increased its holdings in shares of iShares Core S&P Small-Cap ETF by 4.3% in the second quarter. Sfmg LLC now owns 2,288 shares of the exchange traded fund’s stock worth $244,000 after buying an additional 94 shares during the period. Finally, Alpha Cubed Investments LLC lifted its stake in shares of iShares Core S&P Small-Cap ETF by 2.4% in the 3rd quarter. Alpha Cubed Investments LLC now owns 4,007 shares of the exchange traded fund’s stock valued at $469,000 after acquiring an additional 95 shares during the last quarter.

iShares Core S&P Small-Cap ETF Stock Performance

IJR traded up $0.99 on Wednesday, hitting $116.66. 2,276,102 shares of the company were exchanged, compared to its average volume of 3,737,347. The firm has a fifty day simple moving average of $115.12 and a two-hundred day simple moving average of $111.03. The stock has a market capitalization of $84.64 billion, a PE ratio of 12.95 and a beta of 1.16. iShares Core S&P Small-Cap ETF has a 12 month low of $88.03 and a 12 month high of $120.74.

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.