Mechanics Financial Corp Decreases Stake in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR)

Mechanics Financial Corp lessened its holdings in shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 1.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 41,121 shares of the exchange traded fund’s stock after selling 627 shares during the period. iShares Core S&P Small-Cap ETF accounts for about 2.1% of Mechanics Financial Corp’s investment portfolio, making the stock its 9th largest holding. Mechanics Financial Corp’s holdings in iShares Core S&P Small-Cap ETF were worth $4,738,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. United Bank increased its stake in shares of iShares Core S&P Small-Cap ETF by 2.3% in the 3rd quarter. United Bank now owns 28,852 shares of the exchange traded fund’s stock worth $3,375,000 after acquiring an additional 659 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of iShares Core S&P Small-Cap ETF by 14.6% during the third quarter. BNP Paribas Financial Markets now owns 191,443 shares of the exchange traded fund’s stock valued at $22,391,000 after purchasing an additional 24,362 shares in the last quarter. Townsquare Capital LLC increased its holdings in shares of iShares Core S&P Small-Cap ETF by 9.9% in the third quarter. Townsquare Capital LLC now owns 30,265 shares of the exchange traded fund’s stock worth $3,540,000 after purchasing an additional 2,724 shares during the last quarter. Cynosure Group LLC purchased a new stake in shares of iShares Core S&P Small-Cap ETF in the third quarter worth about $235,000. Finally, Public Sector Pension Investment Board bought a new position in shares of iShares Core S&P Small-Cap ETF during the 3rd quarter valued at approximately $3,352,000.

iShares Core S&P Small-Cap ETF Price Performance

iShares Core S&P Small-Cap ETF stock opened at $104.01 on Friday. The firm has a market capitalization of $78.05 billion, a P/E ratio of 15.91 and a beta of 1.16. iShares Core S&P Small-Cap ETF has a 1-year low of $101.85 and a 1-year high of $128.61. The company’s 50-day moving average is $112.58 and its 200 day moving average is $116.29.

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.