Morris Financial Concepts Inc. Sells 586 Shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Morris Financial Concepts Inc. decreased its position in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 4.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,765 shares of the company’s stock after selling 586 shares during the period. Morris Financial Concepts Inc.’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $1,278,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. New Wave Wealth Advisors LLC bought a new stake in iShares S&P Small-Cap 600 Value ETF in the fourth quarter worth $29,000. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the 3rd quarter worth about $34,000. Pacific Center for Financial Services bought a new position in shares of iShares S&P Small-Cap 600 Value ETF in the 3rd quarter valued at about $43,000. Register Financial Advisors LLC bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the 4th quarter valued at approximately $44,000. Finally, Kentucky Trust Co purchased a new position in shares of iShares S&P Small-Cap 600 Value ETF in the 4th quarter worth approximately $50,000.

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

NYSEARCA:IJS opened at $107.58 on Thursday. The firm has a market capitalization of $7.53 billion, a PE ratio of 11.70 and a beta of 1.20. The stock’s fifty day moving average is $110.44 and its 200 day moving average is $108.64. iShares S&P Small-Cap 600 Value ETF has a fifty-two week low of $93.89 and a fifty-two week high of $119.28.

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.