JPMorgan Chase & Co. Cuts Holdings in iShares S&P Small-Cap 600 Value ETF $IJS

JPMorgan Chase & Co. lowered its stake in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 14.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 305,991 shares of the company’s stock after selling 49,725 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $33,840,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Abound Wealth Management boosted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 25.3% in the 3rd quarter. Abound Wealth Management now owns 476 shares of the company’s stock worth $53,000 after purchasing an additional 96 shares in the last quarter. Bessemer Group Inc. boosted its stake in iShares S&P Small-Cap 600 Value ETF by 2.9% in the third quarter. Bessemer Group Inc. now owns 3,585 shares of the company’s stock worth $397,000 after buying an additional 100 shares in the last quarter. Cahill Financial Advisors Inc. boosted its stake in iShares S&P Small-Cap 600 Value ETF by 1.3% in the third quarter. Cahill Financial Advisors Inc. now owns 7,814 shares of the company’s stock worth $864,000 after buying an additional 101 shares in the last quarter. Kingswood Wealth Advisors LLC grew its position in iShares S&P Small-Cap 600 Value ETF by 3.7% during the third quarter. Kingswood Wealth Advisors LLC now owns 3,017 shares of the company’s stock valued at $334,000 after acquiring an additional 107 shares during the last quarter. Finally, AlphaCore Capital LLC lifted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 49.3% in the 2nd quarter. AlphaCore Capital LLC now owns 333 shares of the company’s stock worth $33,000 after acquiring an additional 110 shares during the last quarter. 71.86% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of iShares S&P Small-Cap 600 Value ETF stock opened at $122.80 on Friday. The stock has a market capitalization of $7.58 billion, a price-to-earnings ratio of 13.92 and a beta of 1.08. The company has a fifty day moving average of $121.05 and a 200-day moving average of $114.34. iShares S&P Small-Cap 600 Value ETF has a 52-week low of $82.10 and a 52-week high of $127.85.

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.