Pinnacle Associates Ltd. Has $2.66 Million Position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Pinnacle Associates Ltd. cut its position in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 1.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 27,340 shares of the company’s stock after selling 516 shares during the quarter. Pinnacle Associates Ltd.’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $2,659,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IJS. GPS Wealth Strategies Group LLC bought a new position in iShares S&P Small-Cap 600 Value ETF in the 2nd quarter valued at about $30,000. Vermillion & White Wealth Management Group LLC bought a new stake in iShares S&P Small-Cap 600 Value ETF in the 4th quarter valued at $31,000. GAMMA Investing LLC acquired a new position in iShares S&P Small-Cap 600 Value ETF in the 2nd quarter valued at $31,000. CarsonAllaria Wealth Management Ltd. lifted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 159.5% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 314 shares of the company’s stock worth $32,000 after buying an additional 193 shares in the last quarter. Finally, Northwest Investment Counselors LLC bought a new stake in iShares S&P Small-Cap 600 Value ETF in the 1st quarter valued at about $33,000.

iShares S&P Small-Cap 600 Value ETF Stock Up 0.5 %

Shares of IJS traded up $0.50 during midday trading on Friday, hitting $107.24. The company’s stock had a trading volume of 147,836 shares, compared to its average volume of 372,116. iShares S&P Small-Cap 600 Value ETF has a one year low of $81.81 and a one year high of $111.05. The company’s fifty day simple moving average is $102.30 and its two-hundred day simple moving average is $100.08. The stock has a market capitalization of $7.50 billion, a price-to-earnings ratio of 11.70 and a beta of 1.20.

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.