True Freedom Investing LLC Sells 1,856,747 Shares of iShares S&P Small-Cap 600 Value ETF $IJS

True Freedom Investing LLC reduced its stake in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 97.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 49,665 shares of the company’s stock after selling 1,856,747 shares during the period. iShares S&P Small-Cap 600 Value ETF accounts for 1.0% of True Freedom Investing LLC’s holdings, making the stock its 29th biggest holding. True Freedom Investing LLC owned 0.09% of iShares S&P Small-Cap 600 Value ETF worth $6,362,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. USA Financial Formulas acquired a new position in shares of iShares S&P Small-Cap 600 Value ETF during the first quarter valued at about $109,900,000. Modera Wealth Management LLC bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the third quarter valued at $88,117,000. Royal Bank of Canada boosted its position in iShares S&P Small-Cap 600 Value ETF by 6.5% during the first quarter. Royal Bank of Canada now owns 550,910 shares of the company’s stock worth $65,254,000 after purchasing an additional 33,430 shares during the period. Modern Wealth Management LLC raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 11,921.0% during the 1st quarter. Modern Wealth Management LLC now owns 411,838 shares of the company’s stock valued at $48,873,000 after purchasing an additional 408,412 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in iShares S&P Small-Cap 600 Value ETF by 9.9% in the 1st quarter. Cetera Investment Advisers now owns 250,385 shares of the company’s stock valued at $29,658,000 after purchasing an additional 22,513 shares during the period. 71.86% of the stock is currently owned by institutional investors.

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

IJS stock opened at $132.79 on Monday. The company’s 50 day moving average is $132.44 and its 200 day moving average is $129.20. iShares S&P Small-Cap 600 Value ETF has a 1-year low of $104.63 and a 1-year high of $141.18. The stock has a market cap of $7.70 billion, a price-to-earnings ratio of 13.92 and a beta of 1.02.

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.