Kayne Anderson Rudnick Investment Management LLC Boosts Stock Position in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR)

Kayne Anderson Rudnick Investment Management LLC raised its stake in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 20.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,828 shares of the exchange traded fund’s stock after buying an additional 314 shares during the quarter. Kayne Anderson Rudnick Investment Management LLC’s holdings in iShares Core S&P Small-Cap ETF were worth $195,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its stake in shares of iShares Core S&P Small-Cap ETF by 98.5% in the second quarter. Envestnet Asset Management Inc. now owns 17,112,936 shares of the exchange traded fund’s stock worth $1,825,266,000 after buying an additional 8,492,105 shares in the last quarter. Pathstone Holdings LLC bought a new position in iShares Core S&P Small-Cap ETF in the 4th quarter valued at approximately $230,235,000. Mesirow Financial Investment Management Inc. purchased a new stake in iShares Core S&P Small-Cap ETF during the 1st quarter valued at $145,477,000. Baird Financial Group Inc. increased its holdings in shares of iShares Core S&P Small-Cap ETF by 33.3% in the 4th quarter. Baird Financial Group Inc. now owns 3,614,870 shares of the exchange traded fund’s stock worth $391,310,000 after purchasing an additional 902,096 shares in the last quarter. Finally, J.Safra Asset Management Corp bought a new stake in shares of iShares Core S&P Small-Cap ETF in the 1st quarter worth $78,567,000.

iShares Core S&P Small-Cap ETF Stock Performance

Shares of NYSEARCA:IJR opened at $116.90 on Tuesday. iShares Core S&P Small-Cap ETF has a 52-week low of $87.32 and a 52-week high of $120.74. The stock has a market capitalization of $84.81 billion, a price-to-earnings ratio of 12.95 and a beta of 1.16. The stock’s 50-day simple moving average is $113.78 and its two-hundred day simple moving average is $109.52.

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.