Phillips Financial Management LLC Sells 6,317 Shares of iShares S&P Small-Cap 600 Value ETF $IJS

Phillips Financial Management LLC trimmed its position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 4.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 122,940 shares of the company’s stock after selling 6,317 shares during the quarter. iShares S&P Small-Cap 600 Value ETF makes up 0.9% of Phillips Financial Management LLC’s portfolio, making the stock its 26th biggest position. Phillips Financial Management LLC owned 0.21% of iShares S&P Small-Cap 600 Value ETF worth $13,596,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in IJS. Bank of America Corp DE grew its position in shares of iShares S&P Small-Cap 600 Value ETF by 1.3% during the 2nd quarter. Bank of America Corp DE now owns 3,264,442 shares of the company’s stock worth $324,779,000 after buying an additional 41,249 shares during the period. Modera Wealth Management LLC grew its holdings in iShares S&P Small-Cap 600 Value ETF by 19.6% during the 2nd quarter. Modera Wealth Management LLC now owns 849,875 shares of the company’s stock worth $84,554,000 after acquiring an additional 139,194 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in iShares S&P Small-Cap 600 Value ETF by 0.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 378,421 shares of the company’s stock worth $37,649,000 after acquiring an additional 958 shares during the period. World Investment Advisors raised its position in shares of iShares S&P Small-Cap 600 Value ETF by 4,702.1% during the 3rd quarter. World Investment Advisors now owns 362,321 shares of the company’s stock valued at $40,069,000 after acquiring an additional 354,776 shares during the last quarter. Finally, GW Henssler & Associates Ltd. lifted its stake in shares of iShares S&P Small-Cap 600 Value ETF by 2.7% in the 2nd quarter. GW Henssler & Associates Ltd. now owns 342,838 shares of the company’s stock valued at $34,109,000 after purchasing an additional 9,115 shares during the period. 71.86% of the stock is currently owned by institutional investors and hedge funds.

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

NYSEARCA:IJS opened at $120.43 on Friday. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $82.10 and a 12-month high of $120.60. The stock’s fifty day simple moving average is $113.48 and its 200-day simple moving average is $109.29. The firm has a market capitalization of $7.36 billion, a P/E ratio of 13.92 and a beta of 1.08.

iShares S&P Small-Cap 600 Value ETF 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.