NewEdge Advisors LLC Has $2.85 Million Stock Holdings in iShares S&P Small-Cap 600 Value ETF $IJS

NewEdge Advisors LLC trimmed its stake in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 15.0% in the first quarter, Holdings Channel.com reports. The fund owned 24,072 shares of the company’s stock after selling 4,242 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $2,851,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Merrithew & Thorsten Inc bought a new position in iShares S&P Small-Cap 600 Value ETF during the 4th quarter worth approximately $25,000. Cornerstone Financial Management LLC acquired a new position in shares of iShares S&P Small-Cap 600 Value ETF in the 4th quarter worth approximately $26,000. Assetmark Inc. boosted its stake in shares of iShares S&P Small-Cap 600 Value ETF by 138.8% in the 1st quarter. Assetmark Inc. now owns 234 shares of the company’s stock valued at $28,000 after purchasing an additional 136 shares during the last quarter. Monetary Solutions Ltd acquired a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the fourth quarter worth $31,000. Finally, Godfrey Financial Associates Inc. bought a new position in iShares S&P Small-Cap 600 Value ETF during the fourth quarter worth $32,000. 71.86% of the stock is owned by institutional investors and hedge funds.

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

IJS stock opened at $140.24 on Friday. The firm has a market cap of $8.41 billion, a price-to-earnings ratio of 13.92 and a beta of 1.00. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $104.53 and a 12-month high of $140.39. The company’s fifty day simple moving average is $135.60 and its 200 day simple moving average is $128.10.

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.