Envestnet Portfolio Solutions Inc. Lowers Stock Position in iShares Core S&P Small-Cap ETF $IJR

Envestnet Portfolio Solutions Inc. decreased its stake in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 8.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 292,781 shares of the exchange traded fund’s stock after selling 28,097 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in iShares Core S&P Small-Cap ETF were worth $43,422,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. State Street Corp boosted its holdings in shares of iShares Core S&P Small-Cap ETF by 0.3% in the 2nd quarter. State Street Corp now owns 797,424 shares of the exchange traded fund’s stock worth $118,266,000 after purchasing an additional 2,001 shares in the last quarter. Wellington Altus USA Inc. increased its position in shares of iShares Core S&P Small-Cap ETF by 754.8% during the 2nd quarter. Wellington Altus USA Inc. now owns 359 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 317 shares during the last quarter. Anchor Investment Management LLC raised its holdings in shares of iShares Core S&P Small-Cap ETF by 7.0% during the 2nd quarter. Anchor Investment Management LLC now owns 12,448 shares of the exchange traded fund’s stock valued at $1,846,000 after buying an additional 811 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of iShares Core S&P Small-Cap ETF by 4.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 733,683 shares of the exchange traded fund’s stock valued at $108,813,000 after buying an additional 28,228 shares in the last quarter. Finally, Tidal Investments LLC lifted its position in iShares Core S&P Small-Cap ETF by 48.0% in the 2nd quarter. Tidal Investments LLC now owns 3,985 shares of the exchange traded fund’s stock worth $591,000 after buying an additional 1,293 shares during the last quarter. Hedge funds and other institutional investors own 66.92% of the company’s stock.

iShares Core S&P Small-Cap ETF Stock Performance

NYSEARCA:IJR traded down $1.56 during mid-day trading on Wednesday, reaching $138.14. The stock had a trading volume of 2,314,881 shares, compared to its average volume of 4,731,467. The stock has a market capitalization of $106.10 billion, a P/E ratio of 16.52 and a beta of 1.01. The firm has a 50 day moving average price of $145.42 and a two-hundred day moving average price of $138.84. iShares Core S&P Small-Cap ETF has a one year low of $112.00 and a one year high of $150.69.

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.