Kovack Advisors Inc. Has $591,000 Position in iShares Core S&P Small-Cap ETF $IJR

Kovack Advisors Inc. lessened its holdings in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 17.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 5,404 shares of the exchange traded fund’s stock after selling 1,123 shares during the period. Kovack Advisors Inc.’s holdings in iShares Core S&P Small-Cap ETF were worth $591,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Investment Partners Asset Management Inc. lifted its stake in iShares Core S&P Small-Cap ETF by 2.7% in the second quarter. Investment Partners Asset Management Inc. now owns 3,476 shares of the exchange traded fund’s stock valued at $380,000 after buying an additional 93 shares in the last quarter. Blue Barn Wealth LLC raised its holdings in shares of iShares Core S&P Small-Cap ETF by 1.6% during the first quarter. Blue Barn Wealth LLC now owns 6,118 shares of the exchange traded fund’s stock worth $640,000 after acquiring an additional 97 shares during the period. Facet Wealth Inc. lifted its position in iShares Core S&P Small-Cap ETF by 3.6% in the 2nd quarter. Facet Wealth Inc. now owns 2,774 shares of the exchange traded fund’s stock valued at $306,000 after acquiring an additional 97 shares in the last quarter. LMG Wealth Partners LLC boosted its stake in iShares Core S&P Small-Cap ETF by 3.7% in the 1st quarter. LMG Wealth Partners LLC now owns 2,733 shares of the exchange traded fund’s stock worth $286,000 after purchasing an additional 98 shares during the period. Finally, Resurgent Financial Advisors LLC increased its holdings in iShares Core S&P Small-Cap ETF by 0.8% during the 1st quarter. Resurgent Financial Advisors LLC now owns 12,530 shares of the exchange traded fund’s stock worth $1,310,000 after purchasing an additional 98 shares in the last quarter. 66.92% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P Small-Cap ETF Price Performance

IJR opened at $117.80 on Friday. The company has a market capitalization of $85.15 billion, a price-to-earnings ratio of 16.52 and a beta of 1.08. The business’s 50-day moving average price is $118.63 and its two-hundred day moving average price is $111.69. iShares Core S&P Small-Cap ETF has a 1 year low of $89.22 and a 1 year high of $128.61.

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.