Prime Capital Investment Advisors LLC cut its stake in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS – Free Report) by 2.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 833,295 shares of the company’s stock after selling 21,932 shares during the quarter. iShares S&P Small-Cap 600 Value ETF comprises about 1.2% of Prime Capital Investment Advisors LLC’s portfolio, making the stock its 23rd biggest position. Prime Capital Investment Advisors LLC owned approximately 1.41% of iShares S&P Small-Cap 600 Value ETF worth $92,154,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in IJS. Bank of America Corp DE grew its stake in iShares S&P Small-Cap 600 Value ETF by 1.3% in the second quarter. Bank of America Corp DE now owns 3,264,442 shares of the company’s stock valued at $324,779,000 after purchasing an additional 41,249 shares during the last quarter. Modera Wealth Management LLC grew its position in shares of iShares S&P Small-Cap 600 Value ETF by 19.6% in the 2nd quarter. Modera Wealth Management LLC now owns 849,875 shares of the company’s stock worth $84,554,000 after buying an additional 139,194 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares S&P Small-Cap 600 Value ETF by 0.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 378,421 shares of the company’s stock worth $37,649,000 after buying an additional 958 shares during the last quarter. World Investment Advisors raised its stake 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 worth $40,069,000 after acquiring an additional 354,776 shares in the last quarter. Finally, GW Henssler & Associates Ltd. lifted its position in iShares S&P Small-Cap 600 Value ETF by 2.7% during the second quarter. GW Henssler & Associates Ltd. now owns 342,838 shares of the company’s stock valued at $34,109,000 after acquiring an additional 9,115 shares during the last quarter. 71.86% of the stock is currently owned by hedge funds and other institutional investors.
iShares S&P Small-Cap 600 Value ETF Trading Down 1.1%
NYSEARCA IJS opened at $123.57 on Friday. The firm’s fifty day simple moving average is $117.96 and its two-hundred day simple moving average is $111.83. The firm has a market capitalization of $7.62 billion, a P/E 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 $125.58.
About iShares S&P Small-Cap 600 Value ETF
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.
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