Astra Wealth Partners LLC has increased its stake in the iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 8.9% during the second quarter of 2023. According to a recent filing with the Securities and Exchange Commission (SEC), Astra Wealth Partners now holds 19,150 shares of the ETF, having added 1,557 shares to its position during this period. This investment represents approximately 1.6% of the firm’s overall portfolio, making it the 16th largest position held by the firm.
As of the latest SEC filing, Astra Wealth Partners’ holdings in the iShares Core S&P Small-Cap ETF are valued at around $2,093,000. The ETF has attracted attention from various institutional investors, reflecting a broader interest in small-cap investments.
Several other hedge funds have also adjusted their positions in the iShares Core S&P Small-Cap ETF. For instance, Atlas Capital Advisors Inc. acquired a new stake worth approximately $26,000 in the first quarter. Similarly, RMG Wealth Management LLC and N.E.W. Advisory Services LLC each purchased new stakes worth about $27,000 and $28,000 during the second quarter, respectively. Additionally, Bulwark Capital Corp invested approximately $30,000 in the second quarter, while Curio Wealth LLC notably increased its position by 26,900% during the same period, now holding 270 shares valued at $30,000.
As of Monday, the iShares Core S&P Small-Cap ETF opened at $117.80. The ETF maintains a 50-day moving average price of $118.63 and a 200-day moving average of $111.80. Over the past year, the fund has experienced a low of $89.22 and a high of $128.61. With a market capitalization of $85.13 billion, the ETF has a price-to-earnings (P/E) ratio of 16.52 and a beta of 1.08.
The iShares Core S&P Small-Cap ETF, previously known as the iShares S&P SmallCap 600 Index Fund, aims to replicate the performance of the Standard & Poor’s SmallCap 600 Index. This index tracks the performance of publicly traded securities within the small-cap sector of the United States equity market, making it an attractive option for investors looking to diversify their portfolios.
For those interested in the latest movements of hedge funds holding IJR, further information can be found on HoldingsChannel.com, where 13F filings and insider trades are regularly updated. Additionally, MarketBeat.com offers a free daily email newsletter summarizing the latest news and analyst ratings for the iShares Core S&P Small-Cap ETF and related investments.
