21,028 Shares of iShares S&P Small-Cap 600 Value ETF $IJS Acquired by USA Financial Formulas

USA Financial Formulas purchased a new position in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 21,028 shares of the company’s stock, valued at approximately $2,694,000. iShares S&P Small-Cap 600 Value ETF makes up approximately 0.5% of USA Financial Formulas’ portfolio, making the stock its 12th largest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada lifted its holdings in iShares S&P Small-Cap 600 Value ETF by 6.5% in the 1st quarter. Royal Bank of Canada now owns 550,910 shares of the company’s stock worth $65,254,000 after buying an additional 33,430 shares in the last quarter. Modern Wealth Management LLC boosted its position in iShares S&P Small-Cap 600 Value ETF by 11,921.0% in the 1st quarter. Modern Wealth Management LLC now owns 411,838 shares of the company’s stock valued at $48,873,000 after buying an additional 408,412 shares during the last quarter. World Investment Advisors grew its stake in shares of iShares S&P Small-Cap 600 Value ETF by 14.0% during the first quarter. World Investment Advisors now owns 342,789 shares of the company’s stock valued at $40,603,000 after acquiring an additional 42,188 shares in the last quarter. Sharp Wealth Advisory LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the first quarter valued at about $32,233,000. Finally, Cetera Investment Advisers grew its stake in shares of iShares S&P Small-Cap 600 Value ETF by 9.9% during the first quarter. Cetera Investment Advisers now owns 250,385 shares of the company’s stock valued at $29,658,000 after acquiring an additional 22,513 shares in the last quarter. 71.86% of the stock is owned by institutional investors and hedge funds.

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

Shares of NYSEARCA IJS opened at $128.88 on Friday. 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 firm has a market cap of $7.49 billion, a price-to-earnings ratio of 13.92 and a beta of 1.02. The stock’s 50-day simple moving average is $133.91 and its 200-day simple moving average is $131.96.

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.