M&T Bank Corp Reduces Stock Position in iShares S&P Small-Cap 600 Value ETF $IJS

M&T Bank Corp cut its position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 1.4% during the third quarter, Holdings Channel reports. The firm owned 586,651 shares of the company’s stock after selling 8,474 shares during the period. M&T Bank Corp’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $64,878,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently modified their holdings of IJS. World Investment Advisors boosted its position in iShares S&P Small-Cap 600 Value ETF by 4,702.1% in the third quarter. World Investment Advisors now owns 362,321 shares of the company’s stock valued at $40,069,000 after buying an additional 354,776 shares during the last quarter. Vestmark Advisory Solutions Inc. acquired a new position in iShares S&P Small-Cap 600 Value ETF in the 3rd quarter worth approximately $23,118,000. BNP Paribas Financial Markets raised its position in iShares S&P Small-Cap 600 Value ETF by 4,206.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 122,291 shares of the company’s stock worth $13,524,000 after buying an additional 119,451 shares during the last quarter. Laurel Wealth Advisors LLC lifted its stake in iShares S&P Small-Cap 600 Value ETF by 9,846.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 117,868 shares of the company’s stock valued at $11,727,000 after acquiring an additional 116,683 shares during the period. Finally, Redwood Investment Management LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the 2nd quarter valued at $10,220,000. 71.86% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Value ETF Price Performance

NYSEARCA:IJS opened at $115.93 on Friday. The company’s fifty day moving average price is $121.97 and its 200-day moving average price is $115.24. iShares S&P Small-Cap 600 Value ETF has a 1-year low of $82.10 and a 1-year high of $127.85. The firm has a market capitalization of $7.15 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.