54,928 Shares in iShares S&P Small-Cap 600 Value ETF $IJS Bought by Sowell Financial Services LLC

Sowell Financial Services LLC acquired a new stake in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 54,928 shares of the company’s stock, valued at approximately $7,036,000. Sowell Financial Services LLC owned approximately 0.09% of iShares S&P Small-Cap 600 Value ETF at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. USA Financial Formulas acquired a new position in shares of iShares S&P Small-Cap 600 Value ETF during the 1st quarter worth $109,900,000. Royal Bank of Canada increased its holdings in iShares S&P Small-Cap 600 Value ETF by 6.5% during the 1st quarter. Royal Bank of Canada now owns 550,910 shares of the company’s stock valued at $65,254,000 after acquiring an additional 33,430 shares in the last quarter. Modern Wealth Management LLC increased its holdings in 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 acquiring an additional 408,412 shares in the last quarter. World Investment Advisors increased its holdings in iShares S&P Small-Cap 600 Value ETF by 14.0% during the 1st 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. Finally, Sharp Wealth Advisory LLC acquired a new position in iShares S&P Small-Cap 600 Value ETF during the first quarter worth about $32,233,000. 71.86% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Value ETF Trading Up 1.4%

Shares of IJS opened at $130.14 on Wednesday. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $104.63 and a 12-month high of $141.18. The stock has a market cap of $7.56 billion, a P/E ratio of 13.92 and a beta of 1.02. The company has a 50-day moving average of $133.55 and a two-hundred day moving average of $132.23.

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.