Pacifica Partners Inc. Expands Investment in iShares Core S&P Small-Cap ETF

Pacifica Partners Inc. has significantly increased its investment in the iShares Core S&P Small-Cap ETF (IJR), reflecting confidence in the fund's potential for growth. In a recent 13F filing with the Securities and Exchange Commission, it was revealed that during the third quarter, the company enhanced its stake in the ETF by 142.0%, now holding a total of 835 shares following the acquisition of an additional 490 shares.

Notable Investment Adjustments

Other financial entities have also made adjustments to their investments in the iShares Core S&P Small-Cap ETF. Notably, Maple Capital Management Inc. raised its position by 2.0%, now owning 10,976 shares. Similarly, SigFig Wealth Management LLC initiated a new position in the ETF with an investment approximating $78.36 million. Catalyst Financial Partners LLC increased its share count by 17.5%, bringing its total to 113,345 shares. Trail Ridge Investment Advisors LLC and Wallington Asset Management LLC have also increased their holdings in the ETF, by 18.8% and 1.5%, respectively.

Market Performance Overview

The IJR stock commenced trading at $106.17 on the latest trading day. Bearing a market capitalization of $74.16 billion, the ETF's 50-day moving average stands at $94.67 and its 200-day average at $97.42. With a PE ratio of 12.11 and a beta of 1.15, the ETF has experienced a 1-year low at $87.32 and a 1-year high at $108.24.

Understanding iShares Core S&P Small-Cap ETF

The iShares Core S&P Small-Cap ETF aims to mirror the performance of the S&P SmallCap 600 Index, which tracks the market activity of small-cap U.S. equity securities. This ETF offers investors an opportunity to participate in the small-cap sector of the American stock market.

Pacifica, iShares, ETF, Investment, Shares, Market, SmallCap, Growth