iShares S&P Small-Cap 600 Value ETF $IJS Stock: Summit Financial Consulting LLC Decreases Stake

Summit Financial Consulting LLC cut its holdings in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 40.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,199 shares of the company’s stock after selling 9,670 shares during the quarter. iShares S&P Small-Cap 600 Value ETF makes up about 1.3% of Summit Financial Consulting LLC’s investment portfolio, making the stock its 13th largest position. Summit Financial Consulting LLC’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $1,819,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IJS. Summit Global Investments increased its position in iShares S&P Small-Cap 600 Value ETF by 2.6% during the 1st quarter. Summit Global Investments now owns 3,164 shares of the company’s stock valued at $375,000 after purchasing an additional 79 shares during the period. Serenity Investment Advisors raised its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 1.3% in the 1st quarter. Serenity Investment Advisors now owns 6,312 shares of the company’s stock valued at $817,000 after purchasing an additional 80 shares in the last quarter. Hardin Capital Partners LLC raised its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 3.1% in the 3rd quarter. Hardin Capital Partners LLC now owns 2,673 shares of the company’s stock valued at $342,000 after purchasing an additional 80 shares in the last quarter. TD Waterhouse Canada Inc. lifted its position in shares of iShares S&P Small-Cap 600 Value ETF by 5.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 2,105 shares of the company’s stock worth $287,000 after purchasing an additional 105 shares during the period. Finally, Pure Financial Advisors LLC lifted its position in shares of iShares S&P Small-Cap 600 Value ETF by 2.0% in the 4th quarter. Pure Financial Advisors LLC now owns 5,585 shares of the company’s stock worth $635,000 after purchasing an additional 110 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

NYSEARCA IJS opened at $129.66 on Friday. The firm’s 50 day moving average price is $134.12 and its 200-day moving average price is $131.98. iShares S&P Small-Cap 600 Value ETF has a 52-week low of $104.63 and a 52-week high of $141.18. The company has a market cap of $7.54 billion, a PE ratio of 13.92 and a beta of 1.02.

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.