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Two wealth management firms reduced holdings in a small-cap ETF, while American Century added to a large-cap ETF.
Forvis Mazars Wealth Advisors and Boston Family Office LLC both reduced their holdings in the iShares Core S&P Small-Cap ETF (IJR) in the first quarter.
IJR seeks to track the S&P SmallCap 600 Index and has a market cap of $83.16 billion, a PE ratio of 16.52, and a beta of 1.15.
Meanwhile, American Century Companies Inc. increased its holdings in the iShares Core S&P 500 ETF (IVV), which tracks the S&P 500 Index and has a market cap of $651.39 billion and a PE ratio of 25.10.
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Dos empresas de gestión de patrimonio redujeron sus participaciones en un ETF de pequeña capitalización, mientras que American Century aumentó su participación en un ETF de gran capitalización.