First Trust Advisors LP Raises Stake in iShares S&P Small-Cap 600 Value ETF $IJS

First Trust Advisors LP boosted its stake in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 875.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 76,543 shares of the company’s stock after purchasing an additional 68,694 shares during the quarter. First Trust Advisors LP owned approximately 0.13% of iShares S&P Small-Cap 600 Value ETF worth $9,067,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Merrithew & Thorsten Inc purchased a new position in iShares S&P Small-Cap 600 Value ETF during the fourth quarter worth about $25,000. Cornerstone Financial Management LLC purchased a new stake in iShares S&P Small-Cap 600 Value ETF in the fourth quarter valued at approximately $26,000. Assetmark Inc. lifted its position in iShares S&P Small-Cap 600 Value ETF by 138.8% during the first quarter. Assetmark Inc. now owns 234 shares of the company’s stock valued at $28,000 after purchasing an additional 136 shares during the last quarter. Capital Investment Counsel Inc bought a new stake in iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at approximately $30,000. Finally, Monetary Solutions Ltd purchased a new position in iShares S&P Small-Cap 600 Value ETF in the 4th quarter worth approximately $31,000. 71.86% of the stock is currently owned by institutional investors.

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

Shares of NYSEARCA:IJS opened at $135.96 on Friday. The company’s fifty day moving average price is $134.21 and its 200-day moving average price is $126.97. The firm has a market capitalization of $8.14 billion, a price-to-earnings ratio of 13.92 and a beta of 0.99. iShares S&P Small-Cap 600 Value ETF has a one year low of $97.90 and a one year high of $138.60.

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.