First Merchants Corp Cuts Position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

First Merchants Corp lessened its holdings in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 2.6% during the second quarter, Holdings Channel.com reports. The firm owned 38,837 shares of the company’s stock after selling 1,053 shares during the quarter. First Merchants Corp’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $3,778,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. RWA Wealth Partners LLC grew its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 2.2% during the first quarter. RWA Wealth Partners LLC now owns 4,900 shares of the company’s stock valued at $503,000 after buying an additional 107 shares during the last quarter. Financial Planning & Information Services Inc. grew its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 0.5% during the fourth quarter. Financial Planning & Information Services Inc. now owns 25,237 shares of the company’s stock valued at $2,601,000 after buying an additional 114 shares during the last quarter. Gladstone Institutional Advisory LLC grew its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 2.8% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 4,187 shares of the company’s stock valued at $432,000 after buying an additional 116 shares during the last quarter. Physician Wealth Advisors Inc. grew its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 0.7% during the second quarter. Physician Wealth Advisors Inc. now owns 16,687 shares of the company’s stock valued at $1,778,000 after buying an additional 121 shares during the last quarter. Finally, Capital Investment Advisory Services LLC lifted its position in iShares S&P Small-Cap 600 Value ETF by 2.6% during the first quarter. Capital Investment Advisory Services LLC now owns 5,351 shares of the company’s stock valued at $550,000 after purchasing an additional 137 shares during the period.

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

iShares S&P Small-Cap 600 Value ETF stock traded up $3.39 during midday trading on Friday, reaching $107.22. 314,278 shares of the company traded hands, compared to its average volume of 377,762. The firm has a market capitalization of $7.50 billion, a price-to-earnings ratio of 11.70 and a beta of 1.20. The business has a 50 day moving average of $101.23 and a two-hundred day moving average of $99.79. iShares S&P Small-Cap 600 Value ETF has a 12 month low of $81.81 and a 12 month high of $111.05.

iShares S&P Small-Cap 600 Value ETF 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.