Ellis Investment Partners LLC Reduces Holdings in iShares S&P Small-Cap 600 Value ETF $IJS

Ellis Investment Partners LLC cut its stake in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 3.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 142,882 shares of the company’s stock after selling 4,412 shares during the period. iShares S&P Small-Cap 600 Value ETF makes up approximately 2.9% of Ellis Investment Partners LLC’s investment portfolio, making the stock its 7th biggest position. Ellis Investment Partners LLC owned approximately 0.24% of iShares S&P Small-Cap 600 Value ETF worth $15,801,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IJS. Diversified Trust Co purchased a new position in shares of iShares S&P Small-Cap 600 Value ETF in the second quarter worth approximately $268,000. Avantax Advisory Services Inc. lifted its position in shares of iShares S&P Small-Cap 600 Value ETF by 52.7% in the 2nd quarter. Avantax Advisory Services Inc. now owns 148,729 shares of the company’s stock valued at $14,797,000 after acquiring an additional 51,300 shares in the last quarter. Advisors Capital Management LLC acquired a new position in iShares S&P Small-Cap 600 Value ETF in the 2nd quarter worth approximately $302,000. Brown Advisory Inc. grew its position in iShares S&P Small-Cap 600 Value ETF by 684.9% during the 2nd quarter. Brown Advisory Inc. now owns 108,548 shares of the company’s stock worth $10,799,000 after purchasing an additional 94,719 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in iShares S&P Small-Cap 600 Value ETF by 77.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,137 shares of the company’s stock valued at $111,000 after purchasing an additional 498 shares during the period. Institutional investors own 71.86% of the company’s stock.

iShares S&P Small-Cap 600 Value ETF Stock Up 0.8%

Shares of iShares S&P Small-Cap 600 Value ETF stock opened at $114.68 on Monday. The stock has a market cap of $6.77 billion, a PE ratio of 13.92 and a beta of 1.08. iShares S&P Small-Cap 600 Value ETF has a 12 month low of $82.10 and a 12 month high of $118.65. The business has a fifty day simple moving average of $112.78 and a 200-day simple moving average of $108.65.

iShares S&P Small-Cap 600 Value ETF Company Profile

iShares S&P Small-Cap 600 Value ETF, formerly iShares S&P SmallCap 600 Value Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P SmallCap 600 Value Index (the Index). The Index measures the performance of the small-capitalization value sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest value characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.