Ramiah Investment Group Invests $3.53 Million in iShares S&P Small-Cap 600 Value ETF $IJS

Ramiah Investment Group acquired a new position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 31,934 shares of the company’s stock, valued at approximately $3,532,000. iShares S&P Small-Cap 600 Value ETF accounts for about 3.5% of Ramiah Investment Group’s investment portfolio, making the stock its 12th biggest holding.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC raised its position in shares of iShares S&P Small-Cap 600 Value ETF by 6.0% during the 4th quarter. Brighton Jones LLC now owns 7,688 shares of the company’s stock valued at $835,000 after buying an additional 436 shares in the last quarter. AQR Capital Management LLC increased its stake in iShares S&P Small-Cap 600 Value ETF by 189.9% in the first quarter. AQR Capital Management LLC now owns 7,247 shares of the company’s stock valued at $706,000 after acquiring an additional 4,747 shares during the last quarter. Goldman Sachs Group Inc. raised its position in iShares S&P Small-Cap 600 Value ETF by 9.1% during the first quarter. Goldman Sachs Group Inc. now owns 188,181 shares of the company’s stock valued at $18,344,000 after purchasing an additional 15,669 shares in the last quarter. SCS Capital Management LLC bought a new stake in iShares S&P Small-Cap 600 Value ETF during the first quarter worth about $853,000. Finally, Jane Street Group LLC lifted its stake in iShares S&P Small-Cap 600 Value ETF by 751.6% during the first quarter. Jane Street Group LLC now owns 26,400 shares of the company’s stock worth $2,573,000 after purchasing an additional 23,300 shares during the last quarter. 71.86% of the stock is currently owned by institutional investors.

iShares S&P Small-Cap 600 Value ETF Trading Up 2.1%

Shares of iShares S&P Small-Cap 600 Value ETF stock opened at $119.51 on Friday. The firm has a market capitalization of $7.21 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 $120.04. The business’s 50-day moving average price is $113.27 and its 200-day moving average price is $109.07.

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.