Cumberland Advisors Inc. Purchases Shares of 174,390 iShares S&P SmallCap 600 Index (IJR)

Cumberland Advisors Inc. purchased a new stake in shares of iShares S&P SmallCap 600 Index (NYSEARCA:IJR) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 174,390 shares of the exchange traded fund’s stock, valued at approximately $13,395,000. iShares S&P SmallCap 600 Index accounts for approximately 7.4% of Cumberland Advisors Inc.’s portfolio, making the stock its largest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Jacobi Capital Management LLC increased its stake in iShares S&P SmallCap 600 Index by 1,083.3% during the third quarter. Jacobi Capital Management LLC now owns 1,420 shares of the exchange traded fund’s stock valued at $106,000 after acquiring an additional 1,300 shares during the period. TCI Wealth Advisors Inc. increased its stake in iShares S&P SmallCap 600 Index by 105.5% during the second quarter. TCI Wealth Advisors Inc. now owns 1,432 shares of the exchange traded fund’s stock valued at $100,000 after acquiring an additional 735 shares during the period. Donald L. Hagan LLC bought a new position in iShares S&P SmallCap 600 Index during the third quarter valued at about $208,000. Probity Advisors Inc. bought a new position in iShares S&P SmallCap 600 Index during the third quarter valued at about $209,000. Finally, Geller Family Office Services LLC bought a new position in iShares S&P SmallCap 600 Index during the second quarter valued at about $200,000.

Shares of iShares S&P SmallCap 600 Index (NYSEARCA:IJR) traded up $0.01 on Tuesday, reaching $77.99. The company had a trading volume of 2,500,200 shares, compared to its average volume of 3,416,260. The company has a market capitalization of $36,540.00 and a price-to-earnings ratio of 11.00. iShares S&P SmallCap 600 Index has a 1 year low of $66.54 and a 1 year high of $78.34.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Shareholders of record on Wednesday, December 20th were issued a dividend of $0.2653 per share. This represents a $1.06 dividend on an annualized basis and a yield of 1.36%. This is an increase from iShares S&P SmallCap 600 Index’s previous quarterly dividend of $0.23. The ex-dividend date was Tuesday, December 19th. iShares S&P SmallCap 600 Index’s payout ratio is presently 12.98%.

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About iShares S&P SmallCap 600 Index

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.

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Institutional Ownership by Quarter for iShares S&P SmallCap 600 Index (NYSEARCA:IJR)

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