Modera Wealth Management LLC Reduces Stock Position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Modera Wealth Management LLC lowered its stake in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 752,320 shares of the company’s stock after selling 11,180 shares during the period. iShares S&P Small-Cap 600 Value ETF accounts for approximately 1.0% of Modera Wealth Management LLC’s portfolio, making the stock its 23rd largest holding. Modera Wealth Management LLC owned 1.08% of iShares S&P Small-Cap 600 Value ETF worth $81,709,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Palouse Capital Management Inc. purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the fourth quarter worth $27,000. New Wave Wealth Advisors LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the fourth quarter worth $29,000. Pacific Center for Financial Services purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the third quarter worth $43,000. Register Financial Advisors LLC bought a new position in shares of iShares S&P Small-Cap 600 Value ETF in the fourth quarter worth $44,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 100.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 431 shares of the company’s stock worth $47,000 after purchasing an additional 216 shares during the period.

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

iShares S&P Small-Cap 600 Value ETF stock opened at $104.51 on Friday. The stock has a market cap of $7.23 billion, a P/E ratio of 14.55 and a beta of 1.18. 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. The firm’s fifty day moving average price is $108.87 and its 200-day moving average price is $108.93.

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.