Parsons Capital Management Inc. RI lessened its holdings in iShares Morningstar Small-Cap ETF (NYSEARCA:JKJ) by 8.1% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 2,275 shares of the company’s stock after selling 200 shares during the period. Parsons Capital Management Inc. RI owned 0.17% of iShares Morningstar Small-Cap ETF worth $385,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of JKJ. Advisory Services Network LLC purchased a new position in shares of iShares Morningstar Small-Cap ETF during the fourth quarter valued at about $788,000. Virtu Financial LLC bought a new position in shares of iShares Morningstar Small-Cap ETF in the 4th quarter valued at about $623,000. Western Wealth Management LLC bought a new position in shares of iShares Morningstar Small-Cap ETF in the 4th quarter valued at about $305,000. Legacy Financial Advisors Inc. bought a new position in shares of iShares Morningstar Small-Cap ETF in the 4th quarter valued at about $264,000. Finally, Wsfs Capital Management LLC bought a new position in shares of iShares Morningstar Small-Cap ETF in the 4th quarter valued at about $227,000.
Shares of NYSEARCA:JKJ traded down $1.24 during trading on Wednesday, reaching $169.30. The company’s stock had a trading volume of 3,602 shares, compared to its average volume of 2,740. iShares Morningstar Small-Cap ETF has a 12 month low of $139.81 and a 12 month high of $186.59.
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About iShares Morningstar Small-Cap ETF
iShares Morningstar Small-Cap ETF, formerly iShares Morningstar Small Core Index Fund (the Core Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Morningstar Small Core Index (the Core Index). The Core Index measures the performance of stocks issued by small-capitalization companies that have exhibited average growth and value characteristics as determined by Morningstar Inc’s index methodology.
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