Somnio Financial Group LLC Makes New $7.84 Million Investment in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR)

Somnio Financial Group LLC bought a new stake in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 73,454 shares of the exchange traded fund’s stock, valued at approximately $7,835,000. iShares Core S&P Small-Cap ETF comprises approximately 6.9% of Somnio Financial Group LLC’s portfolio, making the stock its 6th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares Core S&P Small-Cap ETF by 3.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 34,903,124 shares of the exchange traded fund’s stock worth $3,723,730,000 after buying an additional 1,149,045 shares in the last quarter. Envestnet Asset Management Inc. grew its position in 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 acquiring an additional 8,492,105 shares in the last quarter. LPL Financial LLC increased its stake in iShares Core S&P Small-Cap ETF by 2.5% during the second quarter. LPL Financial LLC now owns 13,317,367 shares of the exchange traded fund’s stock worth $1,420,430,000 after acquiring an additional 324,829 shares during the last quarter. Raymond James & Associates raised its position in iShares Core S&P Small-Cap ETF by 2.3% during the second quarter. Raymond James & Associates now owns 9,771,036 shares of the exchange traded fund’s stock valued at $1,042,179,000 after purchasing an additional 222,707 shares during the period. Finally, First Command Advisory Services Inc. lifted its stake in shares of iShares Core S&P Small-Cap ETF by 1.0% in the 2nd quarter. First Command Advisory Services Inc. now owns 8,681,654 shares of the exchange traded fund’s stock valued at $926,212,000 after purchasing an additional 84,327 shares during the last quarter.

iShares Core S&P Small-Cap ETF Stock Performance

Shares of iShares Core S&P Small-Cap ETF stock opened at $116.95 on Tuesday. The stock has a market cap of $84.85 billion, a price-to-earnings ratio of 12.95 and a beta of 1.16. The stock has a 50 day moving average price of $113.87 and a 200-day moving average price of $109.84. iShares Core S&P Small-Cap ETF has a one year low of $87.32 and a one year high of $120.74.

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.