Exchange Traded Concepts LLC Acquires Shares in iShares Core S&P Small-Cap ETF

Exchange Traded Concepts LLC has recently disclosed its acquisition of a new stake in the iShares Core S&P Small-Cap ETF (NYSEARCA:IJR – Free Report) during the third quarter. In its latest filing with the Securities and Exchange Commission (SEC), it was revealed that the fund purchased 708 shares of this exchange-traded fund, with a total value of approximately $83,000.

Several other major investors have also adjusted their holdings in the iShares Core S&P Small-Cap ETF. For instance, Envestnet Asset Management Inc. significantly increased its position by 98.5% in the second quarter, now owning a remarkable 17,112,936 shares valued at about $1.83 billion, following an acquisition of 8,492,105 shares in the last quarter. Similarly, Northwestern Mutual Wealth Management Co. elevated its equity in the ETF by 3.4% during the same quarter, bringing its total shares to 34,903,124, worth approximately $3.72 billion after adding 1,149,045 shares.

Other noteworthy transactions include J.Safra Asset Management Corp., which acquired a new stake in the ETF amounting to $78,567,000 in the first quarter, as well as Bronte Capital Management Pty Ltd., which expanded its investment by 180.2% in the second quarter. This firm currently holds 904,478 shares valued at $96,472,000 after buying an additional 581,689 shares. Additionally, Dynasty Wealth Management LLC entered a new investment in the ETF in the first quarter, worth about $52,989,000.

Performance of iShares Core S&P Small-Cap ETF

As of Wednesday, shares of the iShares Core S&P Small-Cap ETF opened at $115.39. The fund’s 50-day simple moving average stands at $114.84, while its 200-day simple moving average is $110.73. The ETF boasts a market capitalization of approximately $83.72 billion, with a price-to-earnings (P/E) ratio of 12.95 and a beta of 1.16. Over the past year, the ETF has seen a low of $87.32 and a high of $120.74.

Overview of iShares Core S&P Small-Cap ETF

The iShares Core S&P Small-Cap ETF, formerly known as the iShares S&P SmallCap 600 Index Fund, aims to deliver investment results that generally correspond to the performance of the Standard & Poor’s SmallCap 600 Index. This index measures the performance of publicly traded securities within the small-capitalization sector of the U.S. equity market.

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For insights on other hedge fund activities involving IJR, visit HoldingsChannel.com for the latest 13F filings and insider trades.

Investment, ETF, Acquisition