Fairhaven Wealth Management LLC Has $14.51 Million Holdings in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR)

Fairhaven Wealth Management LLC lessened its holdings in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 11.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 131,308 shares of the exchange traded fund’s stock after selling 17,490 shares during the quarter. iShares Core S&P Small-Cap ETF makes up approximately 5.0% of Fairhaven Wealth Management LLC’s portfolio, making the stock its 4th largest holding. Fairhaven Wealth Management LLC’s holdings in iShares Core S&P Small-Cap ETF were worth $14,512,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Bruce G. Allen Investments LLC bought a new position in iShares Core S&P Small-Cap ETF during the fourth quarter valued at about $28,000. Vima LLC bought a new position in shares of iShares Core S&P Small-Cap ETF during the 4th quarter worth about $30,000. Advantage Trust Co acquired a new stake in shares of iShares Core S&P Small-Cap ETF during the 4th quarter valued at about $33,000. Riverview Trust Co bought a new stake in iShares Core S&P Small-Cap ETF in the first quarter valued at about $33,000. Finally, Highlander Capital Management LLC acquired a new position in iShares Core S&P Small-Cap ETF in the fourth quarter worth about $36,000.

iShares Core S&P Small-Cap ETF Stock Down 0.8 %

IJR traded down $0.81 during midday trading on Friday, reaching $105.53. 2,205,120 shares of the company’s stock were exchanged, compared to its average volume of 3,791,931. The business has a 50-day simple moving average of $107.43 and a two-hundred day simple moving average of $106.73. The firm has a market capitalization of $76.56 billion, a price-to-earnings ratio of 12.95 and a beta of 1.16. iShares Core S&P Small-Cap ETF has a one year low of $87.32 and a one year high of $111.57.

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.