iShares S&P Small-Cap 600 Value ETF $IJS Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its stake in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 1.4% in the third quarter, Holdings Channel.com reports. The fund owned 599,325 shares of the company’s stock after selling 8,248 shares during the quarter. Envestnet Asset Management Inc.’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $66,279,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. World Investment Advisors increased its position in shares of iShares S&P Small-Cap 600 Value ETF by 4,702.1% during the third quarter. World Investment Advisors now owns 362,321 shares of the company’s stock worth $40,069,000 after purchasing an additional 354,776 shares in the last quarter. Modera Wealth Management LLC boosted its position in shares of iShares S&P Small-Cap 600 Value ETF by 19.6% in the 2nd quarter. Modera Wealth Management LLC now owns 849,875 shares of the company’s stock valued at $84,554,000 after purchasing an additional 139,194 shares during the period. Laurel Wealth Advisors LLC grew 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 worth $11,727,000 after buying an additional 116,683 shares during the last quarter. Redwood Investment Management LLC acquired a new position in iShares S&P Small-Cap 600 Value ETF during the second quarter worth approximately $10,220,000. Finally, Brown Advisory Inc. increased its position in iShares S&P Small-Cap 600 Value ETF by 684.9% during the second quarter. Brown Advisory Inc. now owns 108,548 shares of the company’s stock worth $10,799,000 after buying an additional 94,719 shares during the period. Institutional investors and hedge funds own 71.86% of the company’s stock.

iShares S&P Small-Cap 600 Value ETF Trading Up 2.4%

IJS stock opened at $126.53 on Monday. The company has a market capitalization of $7.81 billion, a P/E ratio of 13.92 and a beta of 1.08. iShares S&P Small-Cap 600 Value ETF has a twelve month low of $82.10 and a twelve month high of $126.77. The business has a 50 day simple moving average of $118.23 and a 200-day simple moving average of $112.10.

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.