Novak & Powell Financial Services Inc. Has $2.41 Million Stock Holdings in iShares Core S&P Small-Cap ETF $IJR

Novak & Powell Financial Services Inc. raised its position in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 37.9% during the 3rd quarter, HoldingsChannel reports. The fund owned 20,311 shares of the exchange traded fund’s stock after buying an additional 5,586 shares during the quarter. iShares Core S&P Small-Cap ETF comprises about 1.3% of Novak & Powell Financial Services Inc.’s portfolio, making the stock its 19th largest holding. Novak & Powell Financial Services Inc.’s holdings in iShares Core S&P Small-Cap ETF were worth $2,414,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Core S&P Small-Cap ETF by 5.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 41,302,922 shares of the exchange traded fund’s stock valued at $4,513,996,000 after purchasing an additional 2,252,323 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in iShares Core S&P Small-Cap ETF by 549.5% during the third quarter. Jones Financial Companies Lllp now owns 14,885,601 shares of the exchange traded fund’s stock worth $1,763,740,000 after purchasing an additional 12,593,909 shares during the last quarter. Laurel Wealth Advisors LLC boosted its holdings in iShares Core S&P Small-Cap ETF by 11,144.8% during the second quarter. Laurel Wealth Advisors LLC now owns 13,728,611 shares of the exchange traded fund’s stock worth $1,500,400,000 after purchasing an additional 13,606,522 shares during the last quarter. Ameriprise Financial Inc. grew its position in iShares Core S&P Small-Cap ETF by 2.1% in the second quarter. Ameriprise Financial Inc. now owns 5,507,552 shares of the exchange traded fund’s stock valued at $601,837,000 after purchasing an additional 112,747 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in iShares Core S&P Small-Cap ETF by 60.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,138,062 shares of the exchange traded fund’s stock valued at $610,556,000 after buying an additional 1,928,405 shares during the last quarter. Institutional investors and hedge funds own 66.92% of the company’s stock.

iShares Core S&P Small-Cap ETF Price Performance

Shares of NYSEARCA:IJR opened at $122.95 on Tuesday. The company’s 50-day moving average price is $128.26 and its two-hundred day moving average price is $122.54. iShares Core S&P Small-Cap ETF has a one year low of $89.22 and a one year high of $133.52. The stock has a market capitalization of $90.41 billion, a PE ratio of 16.52 and a beta of 1.08.

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. The Index serves as the underlying index for the S&P 600/Citigroup Growth and Value Index series. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares.