Astra Wealth Partners LLC has increased its investment in the iShares Core S&P Small-Cap ETF (NYSEARCA: IJR) by 8.9% during the second quarter of 2023. According to a filing with the Securities and Exchange Commission (SEC), the institutional investor now holds a total of 19,150 shares after acquiring an additional 1,557 shares within this period. This ETF represents 1.6% of Astra Wealth Partners’ portfolio, ranking it as the firm’s 16th largest position.
As of its latest SEC filing, Astra Wealth Partners’ holdings in iShares Core S&P Small-Cap ETF are valued at approximately $2,093,000. The recent uptick in investment reflects a broader trend among institutional investors, many of whom have also adjusted their positions in the ETF.
In the first quarter, Atlas Capital Advisors Inc. established a new stake worth roughly $26,000. Meanwhile, RMG Wealth Management LLC and N.E.W. Advisory Services LLC made new investments in the second quarter valued at about $27,000 and $28,000, respectively. Bulwark Capital Corp also entered the market with a new stake valued at approximately $30,000. Notably, Curio Wealth LLC significantly increased its position by 26,900%, now holding 270 shares worth $30,000 following the purchase of an additional 269 shares in the last quarter.
Overall, hedge funds and other institutional investors control 66.92% of the stock, indicating a strong interest in the iShares Core S&P Small-Cap ETF among significant investment players.
Performance Overview of iShares Core S&P Small-Cap ETF
As of the latest trading session, iShares Core S&P Small-Cap ETF opened at $117.80. The fund’s 50-day moving average stands at $118.63, while the 200-day moving average is recorded at $111.80. The ETF has experienced a 52-week range with a low of $89.22 and a high of $128.61. The fund currently holds a market capitalization of $85.13 billion, a price-to-earnings (P/E) ratio of 16.52, and a beta of 1.08, indicating a moderate level of volatility compared to the broader market.
Understanding iShares Core S&P Small-Cap ETF
The iShares Core S&P Small-Cap ETF, previously known as the iShares S&P SmallCap 600 Index Fund, aims to mirror the performance of the Standard & Poor’s SmallCap 600 Index. This index tracks the performance of publicly traded companies in the small-cap sector of the United States equity market.
For those interested in further insights into the ETF’s performance, additional information on hedge fund holdings can be found on platforms such as HoldingsChannel.com. Subscribers can also receive daily summaries of news and analyst ratings related to iShares Core S&P Small-Cap ETF and similar investment vehicles through MarketBeat’s complimentary daily newsletter.
